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.

In today's economic climate, many Americans rely on their tax refunds to manage rising living costs. Whether you're eagerly awaiting your refund to cover necessities or simply want to know when to expect it,

Already filed taxes? You're just a few weeks away from receiving your tax refund. Here's how to check the status of your refund.