Tag: refund

The IRS has confirmed it will start processing 2025 tax filings and refunds from January 26th, 2026. Other important tax deadlines and dates are shown in the chart below. Although the IRS will not start accepting and processing tax returns until late January, people don't need to wait until then…

It's tax season and social media is abuzz with tax related information. This includes news related to refund payments, which millions of Americans are anxiously waiting to get. Unfortunately this also creates an environment of false information (fake news!), deceitful ideas, and outright scams around refund payments and getting them…

The IRS is now processing refunds on a regular basis and many taxpayers are seeing their refunds approved and in the "Refund Sent" status stage. The refund payment status screen (in WMR or IRS2go) as shown below will show your payment date, as well as any messages on potential IRS…

There are several ways you can maximize your tax refund in the coming year, including the following ways: Contribute to a retirement account: Contributions to certain types of retirement accounts, such as 401(k)s and traditional IRAs, can be deducted from your taxable income. This can reduce your tax bill and…

During the COVID pandemic years of 2020 and 2021, the American Rescue Plan (ARPA) included legislation that provided a “lookback” rule that allowed tax filers to use prior year income levels to calculate qualification for many of the expanded tax credits and stimulus programs. This was done to allow the…

[Updated PATH Refund Status & Release Dates] Early tax filers who claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) may experience a payment delay or freeze in their refund until early March due to the PATH Act. See below for when returns impacted by the…

Over the last few years, thanks to plenty of pandemic related support via stimulus payments and funding for expanded tax credits, the average refund payment ballooned to over $3,100. This is despite 20 million fewer Americans getting refunds. However with no further federal funding approved, several popular stimulus, family and dependent tax…

The National Taxpayer Advocate Service (TAS) releases regular reports to Congress on the IRS and how they are performing on various issues. In particular the focus has been on tax return and refund processing delays, which have been ongoing causes of consternation for many filers. Key findings from recent reports…

2020 Coronavirus Tax Refund Delays (This is a live article that is updated regularly) As the Coronavirus impact widens we are already seeing major hits to the real economy that will take the US into a recession in 2020 and into 2021. While stock markets are falling rapidly (don’t panic…

The title of this article sums up a theme from irate tax payers who complain that people should be annoyed when they receive a tax refund, not happy! The premise behind this is that a refund is basically the IRS giving you back your money that you "loaned" the IRS…

5 reasons your tax refund will be delayed

With tax season in full swing the main source of frustration for most Americans filing taxes in 2018-19 is around their tax refund. Namely why it's taking so long to get paid and subsequently why it is lower than expected There are lots of reasons for this and over the…

Get the latest information on IRS refund processing and direct deposit schedules in this updated article.  You can also see these articles for determining your IRS Cycle/Batch code and estimated deposit date via your official IRS tax transcript. The IRS expects more than 70% of taxpayers to get tax refunds…