You may have submitted your tax return form weeks ago and you still do not…
Have you submitted your Income Tax Return to the IRS to be E-Filed? Now the waiting game begins to see if we get approved for a refund or not. We’re gonna show you a little bit of information about how the “Where’s My Refund” Refund Status bars work.
Once you File your Income Tax Return whether it be E-Filed or paper filed and mailed. Within 24 hours of the IRS receiving your return, they will update your Refund Status. As long as your tax return passes the initial test(Yourself and your Dependent’s Name, Address, Social Security Number, Tax Filing Status, etc.) and matches exactly what is on file with the IRS they will accept your return.
Once the IRS has accepted your income tax return, this refund status message is what you’ll typically see when you check the “Where’s My Refund” tool.
“We have received your tax return and it is being processed”refund status message is a good sign and indicates the tax return is being processed and your tax return is still on track to a refund date.
You may not have entered your refund status information correctly on WMR. Please make sure when you check your refund status you enter the information EXACTLY AS IT APPEARS ON YOUR TAX RETURN.
Most of the time when you see we cannot provide any information about your return message you will be required to verify yourself with the IRS. The IRS will issue a 5071C Notice in the mail with a code and a phone number wanting you to verify the information you submitted on your tax return.
If you know you have entered all the information from your tax return correctly and you still see the “We cannot provide any information about your tax refund” status.
There may be something wrong with your tax return. Once your tax return reached the IRS the tax return may not have met the initial tests (See Below) or another problem was discovered. If you are seeing this message wait a few days and check back. If you do not receive any letters or see any updates or changes to your refund status within 21 days you may want to try to call the IRS for assistance.
There is a limit on viewing WMR of only 3 attempts in a 24-hour time frame or you will be locked out and see this message.
The IRS is holding your refund while it is verifying the accuracy of your return, including one or more of the following
The Where’s My Refund? The status message “your tax return is still being processed” is used by the IRS to inform taxpayers that the IRS is Still Processing their tax return, but the IRS systems may have potentially detected an issue that could delay the tax refund longer than the original 21-day processing timeframe.
But don’t panic when this happens. The IRS still has your return but things are essentially on hold until the IRS gets the additional information from you to continue processing your return. You will either get directions on WMR or IRS2Go or the IRS will contact you by mail. Follow the provided instructions and return any additional information ASAP to get your potential refund and reduce any further delays. Talk to your accountant, tax advocate, or tax professional if you are not clear on what the IRS is asking for or if you don’t get an update after 21 days.
There is no given time of how long it will take to get a refund from the Internal Revenue Service. The IRS states on its website that it tries to issue 9 out of 10 Income Tax Refunds within 21 Days. Every single person has a different situation. Your friend may get theirs a week before you. Your Cycle Code will determine what order your return is processed. This does not guarantee you a refund for any certain day.
Taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit may experience a refund hold. According to the Protecting Americans from Tax Hikes (PATH) Act, the IRS cannot issue these refunds before mid-February. The IRS expects the earliest EITC/ACTC-related refunds to be available in taxpayer bank accounts or debit cards starting the first week of March if these taxpayers chose direct deposit and there are no other issues with their tax return.
NO, Once February 15th arrives you will return back to your bars and wait for further updates or more information.
Note: The PATH Hold will come to an end on Feb. 15th at 11:59 pm and everyone held by the path message should update to this message.
If you get this message you should feel good. Based on experience not very many tax filers ever get to see this message. The “Where’s My Refund” Tool never seems to make it past 2 bars before taxpayers are checking their bank for their Income Tax Refund.
The “being processed” message we receive after the PATH HOLD and the “Still being processed” are two completely different statuses.
If the tax return has some simple errors that can possibly be corrected with the IRS Error Resolution Department you may see the message above. If the error is something more advanced that needs more attention you may see the messages below while you wait for a letter or somebody to correct your tax return.
If you are seeing this refund status “We apologize, but your tax return processing has been delayed beyond the normal timeframe” it means the IRS can no longer guarantee your refund within the 21-day time frame.
When the IRS officially places your return under review, you will receive a CP05 notice, and the processing of your refund will be delayed until the review is complete. According to the IRS website, a number of distinct factors can trigger the review, including the need to verify the following entries on your return:
To confirm the accuracy of the contents, the IRS may contact third parties.
There is no hard and fast way to determine why your return was selected for a review. According to IRS.gov, “returns [are selected] for examination using various methods which include random sampling, computerized screening, and comparison of information received by the IRS such as Forms W-2 and 1099.” If your return is selected for a review, it doesn’t necessarily indicate or suggest you made a mistake or deliberately misreported your information.
Upon receiving the CP05 notice, the IRS recommends you take the following steps if you have additional questions or concerns:
How to Avoid Reviews
To possibly decrease your chances of being reviewed, be sure to report all information in the most truthful manner possible.
When the Review Is Complete
Once the review is complete, the IRS will make the necessary adjustments and issue your refund accordingly.
Time Frame
The IRS encourages taxpayers to wait at least 45 days from the day they receive the CP05 notice to follow up about the status if they haven’t yet received your refund. Use the number found on the notice to ensure you are routed to the correct department.
This IRS refund status message indicates that they have received your tax return but have identified the need for additional information. The IRS has sent you a letter outlining the specific details and instructions on how to provide the required information. It is crucial to respond promptly and follow the guidelines provided in the letter. Failure to respond may result in adjustments to your refund amount. The letter’s delivery may take 2-3 weeks, so it’s advisable to be vigilant for correspondence from the IRS and to act promptly upon receiving it.
Most of the time when people see this “Take Action” refund status the first question they have is: “Am I being audited?”. Typically, the answer to this question is YES! And the IRS wants more information. When you encounter a “Take Action” refund status you need the help of a tax professional to guide you through the process.
If you check “Where’s My Refund?” and your tax refund status says “refund applied to pay past-due obligation such as child support, another federal agency debt, or state income tax”. Most commonly this is a result of the taxpayer or spouse having past-due child support obligations or student loan debt in default. You should receive a notice outlining the details.
Just because you owe a debt or have past due debts does not mean that you’re not entitled to a refund:
• In situations where a couple is married and one spouse owes a debt and the other spouse does not, this is referred to as an “Injured Spouse”.
• In a situation where a student loan is delinquent, this is referred to as being in “default”.
When you check “Where’s My Refund?” and your tax refund status says “Refund Reduced to Pay a Past Due Obligation. They are informing you all or a portion of your tax refund was used to pay a past-due debt.
Order would put an end to Navient’s years of abuse of students and taxpayers in…
Running a home-based business comes with many perks—flexibility, no daily commute, and the comfort of…
Tax season can be a time of anticipation and excitement, especially when you’re expecting a…
It's that time of year again – Tax Day 2024 is here! Today is the…
The Protecting Americans from Tax Hikes (PATH) Act was created in order to protect taxpayers…
The IRS’s “Where’s My Refund?” tool will be updated by February 17, 2024, for many…
This website uses cookies.