You Can Get Your Tax Refund Up to 5 Days Sooner. Here's How (2024)

If you're planning tofile your tax returnsoon and want yourrefund moneyas soon as possible, make sure youfile electronicallyand set updirect deposit. It's a simple way to access your IRS money a few days or weeks sooner than if you depend on the mail to submit your taxes and receive your refund.

You Can Get Your Tax Refund Up to 5 Days Sooner. Here's How (1)

There's also another way to get yourtax refundup to five days quicker, and you don't even need a bank account. Cash transfer apps such as Venmo, Cash App or PayPal can help you process your tax refund, and they can provide your money earlier than traditional banking services can.

This story is part of Taxes 2024, CNET's coverage of the best tax software, tax tips and everything else you need to file your return and track your refund.

We'll tell you how to set up direct deposit with Venmo, Cash App or PayPal to get your refund sooner. For more, here's how to file taxes for freeand the tax brackets for 2024. Also, here's our cheat sheet for filing your taxesand picks for the best tax software.

How to get your tax refund sooner

Unlike most banks, cash transfer apps like Venmo can make your deposits available to you as soon as they're received. That means you can get your refund back up to five days sooner because you wouldn't have to wait for your bank to process the deposit, which could take up to a week.

Read more: Best Tax Software for 2024

How to get your refund through Venmo

Setting up a Venmo account takes less than five minutes. Here's how to do it.

1. Download the Venmo app on your mobile phone and create an account or sign in.

2. Select the profile icon at the bottom right side of the screen, then tap the Settings button.

3. Scroll down and tap Direct Deposit. Note that you'll need to verify your ID if you haven't already.

4. Select "Show account number" to access your Venmo account details.

5. When you file your tax return, enter your Venmo routing and account number. Once your taxes have been processed by the IRS, your refund will be sent to your Venmo account up to five days early.

You Can Get Your Tax Refund Up to 5 Days Sooner. Here's How (2)

How to get your refund through Cash App

If you'd like to set up direct deposit with Cash App, here's how to do it.

1. Download the Cash App app on your mobile phone and create an account or sign in.

2. Tap the Banking tab on the bottom left side of your screen. It's the one shaped like a building.

3. Scroll down and select Direct Deposit. It will note that you can get your money two days faster.

4. Next, you'll need to create a free Cash Card. Tap Get Free Cash Card and follow the on-screen prompts.

5. Once you're finished, you can go back to the Direct Deposit tab and copy your routing and account numbers. Use those when you file your taxes. Your refund will arrive up to two days sooner.

Get your tax refund through PayPal

Just like Venmo (owned by PayPal) and Cash App, you can get your money back two days sooner with PayPal. Here's how.

1. Download PayPal on your mobile device and sign in or create an account.

2. Scroll through the top menu options and select Direct Deposit.

3. Now you should be able to access your routing and account information in your PayPal wallet. You can get your refund up to five days early when you use PayPal for direct deposit from the IRS.

For more information, here's how to track your tax refund.