Home Forums IRS Tax Topics Tax Topic 152

1 reply, 2 voices Last updated by Refundtalk 7 years, 4 months ago
  • tara berks
    Participant
    @t_berks
    #6395

    Do you have IRS Tax Topic 152?

    Share your experience with filing your tax return and seeing “IRS Tax Topic 152”

    If you check where’s my refund? and see this status share what you found out here!

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    Refundtalk
    Keymaster
    @admin
    #6652

    Topic 152 – Refund Information
    Refund Timing

    The IRS issues more than 9 out of 10 refunds in the normal time frame: less than 21 days. However, incomplete or inaccurate tax returns may require further review and could take longer than the normal processing time.

    IRS representatives can research the status of your return only if:

    It’s been more than 21 days since you received your e-file acceptance notification,
    It’s been more than 6 weeks since you mailed your paper return, or
    The Where’s My Refund? tool directs you to contact us.
    Processing times may take longer under the following circumstances:

    Refunds from amended returns are generally issued within 16 weeks.
    If you filed an injured spouse claim, refer to Topic 203 for more information.
    For refund claims with an application for an individual taxpayer identification number (ITIN) attached, refer to Topic 857 for more information.
    If you requested a refund of tax withheld on a Form 1042-S (PDF) by filing a Form 1040NR (PDF), allow up to 6 months from the original due date of the 1040NR return or the date you actually filed the 1040NR, whichever is later, to receive any refund due.
    You can also refer to Topic 303 for a checklist of common errors made when preparing your tax return and for additional items that may delay the processing of your return.

    Refund Type
    Join the eight in 10 taxpayers who get their refunds faster by using e-file and direct deposit. You have several options for receiving your federal individual income tax refund:

    Direct Deposit: The fastest way is by direct deposit into your checking or savings account, including an individual retirement arrangement (IRA). See the Form 1040 General Instructions for more information.
    TreasuryDirect®: Deposit into a TreasuryDirect® online account to buy U.S. Treasury marketable securities and savings bonds. For more information, see Using Your Tax Refund for TreasuryDirect;
    Traditional, Roth, or SEP-IRA: Directly deposit part or all of your refund into a traditional IRA, Roth IRA, or SEP-IRA, but not a SIMPLE IRA. You must have an existing IRA account before you file your return, and your routing number and account number. See the Form 1040 General Instructions for more information. For more information on IRA contributions, see Publication 590-A (PDF), Contributions to Individual Retirement Arrangements (IRAs).
    Savings Bonds: By purchase of U.S. Series I Savings Bonds up to $5,000; or
    Paper Check: By paper check sent to the address listed on your return.
    Splitting Your Refund
    If you choose to receive your refund by direct deposit, you can split your refund into as many as three separate accounts. For example, you can request that we directly deposit into a checking, a savings, and a retirement account by completing Form 8888 (PDF), Allocation of Refund (Including Savings Bond Purchases) and attaching it to your income tax return. You can also use Form 8888 to buy up to $5000 in paper or electronic series I savings bonds. You can’t have your refund deposited into more than one account or buy paper series I savings bonds if you file Form 8379 (PDF), Injured Spouse Allocation. As a reminder, your refund should only be directly deposited into accounts that are in your own name, your spouse’s name, or both if it’s a joint account. Please note, to receive your refund by direct deposit (whether into one account or more), the total refund amount must be $1.00 or more.

    Direct Deposit Limits
    In an effort to combat fraud and identity theft, the IRS limits the number of direct deposits into a single financial account or prepaid debit card to three refunds per year. Taxpayers who exceed this limit will receive a notice and a refund check instead, but may take up to 10 weeks.

    Online or Mobile Device
    Where’s My Refund? has the most up to date information available about your refund. Use it to get your personalized refund status. The tool is updated once a day so you don’t need to check more often. You can also download our free mobile app, IRS2Go, from an iPhone or Android device. Both are available 24 hours a day, 7 days a week.

    Telephone Access
    If you don’t have Internet access, you may call the refund hotline at 800-829-1954.

    Checking Your Refund Status
    You can start checking on the status of your return within 24 hours after we’ve received your e-filed return or 4 weeks after you’ve mailed a paper return. Have your 2016 tax return handy so you can provide your social security number, your filing status, and the exact whole dollar amount of your refund shown on your return.

    General Information
    Where’s My Refund? shows information for the most recent tax year filed in the current year.

    For U.S. individual income tax returns filed on or after July 1:

    Refund information will remain available throughout the following year until you file a tax return for a more current tax year.

    The Where’s My Refund? tool includes a tracker that displays progress through 3 stages: (1) Return Received, (2) Refund Approved, and (3) Refund Sent. Where’s My Refund? provides an actual personalized refund date as soon as the IRS processes your tax return and approves your refund. It doesn’t show information about amended returns. To check the status of an amended return, use Where’s My Amended Return?

    Where’s My Refund? has the most accurate and complete information available. IRS representatives don’t have information beyond what’s shown on Where’s My Refund? so you don’t need to call the IRS unless the tool tells you to call. Updates to refund status are made no more than once a day – usually at night.

    Not Entitled to Refund Received
    If you receive a refund to which you’re not entitled, or for an amount that’s more than you expected, don’t cash the check until you receive a notice that explains the difference; then follow the instructions on the notice. For information about returning an erroneous refund, see Topic 161.

    Refund Less than Expected
    If you receive a refund for a smaller amount than you expected, you may cash the check. If it’s determined that you should have received more, you will later receive a check for the difference. You’ll also get a notice explaining the difference. Follow the instructions on the notice.

    Missing Refund Check
    In the event that your refund check is lost, stolen or destroyed, the IRS will help you obtain a replacement check. See I lost my refund check. How do I get a new one?

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