A new home that is built during a given year is counted in that year's GDP, while the purchase of a previously owned house has already been counted in the GDP of the year it was constructed. In this way, only those residences that add to the overall housing stock count towards GDP.
For those who file an amended return, however, the period to receive a refund check will take 8-12 weeks. For efilers (e.g., those who file electronically) here is a refund cycle chart that gives target dates when either an electronic direct deposit or mailed paper check should be expected given a particular filing date.
1 An e-filed tax return usually means a faster refund compared to a paper return. 2  The IRS issues most refunds in less than 21 days. 3  If you choose direct deposit, your refund goes directly into your bank account. 4  Combining e-file with direct deposit is the fastest way to get your refund. Combining e-file with direct deposit is the fastest way to get your refund. 2  About three out of four taxpayers who file receive a tax refund. 3  Last year the average refund was about $2,700. 4  Payment options.