Tax season is underway. If you filed immediately, there’s a good chance your federal tax refund will hit your bank account within the next week. The fastest way to get your federal tax refund is by filing your return electronically and using direct deposit.

The IRS began processing tax returns Monday. For filers who submit their returns electronically using direct deposit, refunds are generally issued in less than 21 days. There is a caution from the tax agency, however, that urges “taxpayers not to rely on receiving refund by a certain date, especially when making major purchases or paying bills.

If you are eligible for a tax refund, filing earlier could mean your rebate will be paid quicker, but it’s possible your return may require additional review and take longer to process. The deadline to file your taxes this year — both federal and in North Carolina — is April 15.

The IRS cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or paying bills.

If you're looking to save some extra money or maybe pay off some debt, a tax refund could help. Here's how to track your tax refund.

The IRS is accepting returns now through April 15. Here's how to track your refund and calculate how much could come your way.