Before you begin... Remove a small section of the wallpaper in an inconspicuous corner first, using a scraper (if you're lucky, there won't be too many layers). This will give you a better idea of how much time it's going to take and if necessary, you can change your plans.
Combining direct deposit with IRS e-File is the fastest way to receive your refund. IRS issues more than 9 out of 10 refunds in less than 21 days. You can track your refund using our Whereâs My Refund? tool. Direct deposit is easy to use. Just select it as your refund method through your tax software and type in the account number and routing number. Or, tell your tax preparer you want direct deposit. You can even use direct deposit if you are one of the few people still filing by paper.
So how much faster can e-filing and direct deposit speed up your tax refund? File by paper and you would typically receive a refund via paper check in about six weeks or more. File electronically but request a refund by paper check and you could wait three to four weeks for your tax refund. But file your tax return electronically and elect direct deposit, and you should receive the tax refund in as little as two weeks. View all articles by Ray Martin on CBS MoneyWatchÂ». Ray Martin has been a practicing financial advisor since 1986, providing financial guidance and advice to individuals.