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.
How long should an IRS direct deposit refund take? The IRS told me that I was supposed to receive my refund by way of Direct Deposit on April 20th. The money still has not shown up in my account and both the routing and account numbers are correct. Does it normally take this long? Payroll direct deposits do not take this long.