The IRS Audit Blog

Posts Tagged ‘refund’

Question: Tax refund delayed due to owed taxes?

I am currently making payments for federal taxes owed for the 2005 year. I recently did my 2006 taxes, and I am getting a good refund. I noticed that when you check the status of the return on the IRS site, it says, “We have received your tax return and it is being processed. Unless we find mistakes or you owe other taxes, you should receive your refund by February 27, 2007.”

My refund is going to be larger than the amount I owe. So, my first question is, will they just deduct what I owe from my refund? And second, since I owe, will it actually delay me getting my refund deposited?

Answer: Yes and yes.

Marriage status affects taxes

When you file a federal tax return, you must choose a filing status, which determines your standard deduction, the amount of tax you owe and any refund.

2007 DABC Volunteer Recognition – Incredible

Question: i went to irs.gov and where’s my refund and it says it had been deposited directly to bank account on 3/2 but

its not there and my bank says they have not recieved it?

Answer: If you do not see it first thing Monday, ask the bank why not. There is no excuse for it to be delayed at all and certainly no excuse for it to be delayed beyond tonight’s processing.

This, btw, is a bank issue not an IRS one. The IRS is very good at sending moeny out on time. Some banks seem to think it is their money to be released at their whim.

Ga. refunds from paper tax returns may be delayed

State budget woes mean Georgians who don’t file their tax returns electronically could again face long delays receiving refunds, the state’s revenue commissioner said Tuesday.

IRS TAX TIPS: e-FILE (ASL, CAPTIONS & AUDIO)