(tr) to draw in (a part or appendage): a snail can retract its horns; to retract the landing gear of an aircraft.
1 Generally tax returns are accepted by the IRS within a day or two of the return having been electronically filed with the IRS. 2  In most cases, the IRS DRT is available within 2-3 weeks after the return has been accepted by the IRS. 3  IRS will process the tax return in June.
Taxpayers will typically see a status update within 24 hours after the IRS accepts your return or as long as four weeks after you mail in your tax forms.ow long will your tax refund take and how much will you get back? The IRS started accepting returns on January 20, but refunds may take longer than normal this year. If you havenât filed yet, get an idea of how much your refund check will be for with the tax refund calculator below.