Early taxpayers who've had their refunds delayed by the IRS will now get their checks.
If you qualified for the earned income tax credit or the additional child tax credit, and you turned in your return early — considering tax season started on Jan. 23 — the IRS started distributing refunds on Feb. 15.
Assuming there are no issues with processing your return, you'll likely see your refund the week of Feb. 27. This can be a hefty sum of money, considering the average refund was $2,860 for the 2015 tax year, according to the IRS.
This gives the IRS more time to detect phony returns and keep refunds out of scammers' hands.
"The IRS is trying to be more careful about refunds," said Ed Slott, a CPA and founder of Ed Slott and Co. in Rockville Centre, New York. "Identity thieves file fake returns early and collect the refunds."