When Should You Receive Your Tax Refund?
![shutterstock_352655828-[Converted] shutterstock_352655828-[Converted]](https://groco.com/wp-content/uploads/2021/02/shutterstock_352655828-Converted.jpg)
The top question on everyone’s mind at tax season is when will get my refund? After all, that’s the only incentive people really have to do their taxes. The problem is the answer is never set in stone. Despite claims from the IRS that just about everyone should receive their refund within 21 days of filing their return (if it’s filed electronically), that doesn’t always happen.
The nation’s top tax agency even offers a helpful “Where’s My Refund” page for taxpayers to track the progress, but when your refund is delayed there are times when this page doesn’t offer much help. The problem is there are several things that can delay your refund and sometimes you won’t know what’s going on until several weeks later when a letter from the IRS arrives in the mail explaining the situation.
So what can cause your refund to be delayed? This year, any one claiming the earned income credit and/or the Additional Child tax Credit will have to wait longer for their refunds, which won’t start being issued until Feb. 15, but likely won’t arrive till Feb. 27.
If your return has any errors, like math mistakes, or it is incomplete, like a missing signature or form, then your refund will likely be delayed until the IRS determines the issue and you get it resolved. In addition, if the IRS thinks you are trying to defraud the government your refund will certainly be delayed.
On the other hand, if you or your CPA has filed your return correctly, and electronically, then in almost all cases you won’t have to wait longer than the expected three weeks.
https://www.fool.com/retirement/2017/02/07/when-will-i-get-my-tax-refund.aspx
Rustic Pathways | Chris Stackich
About Chris Stakich Chris is the Chief Executive Officer of Rustic Pathways. An expert on travel and service-based education, Chris leads Rustic Pathways with an eye for innovation and excellence. Since graduating from Harvard in 2001, Chris worked in virtually all areas of our organization, from running programs in Costa Rica to managing our…
Business Writing- Get to the Point | Elizabeth Danziger
Transcript, Business Writing- Get to the Point | Elizabeth Danziger Alan Welcome back. I’m here today with Elizabeth Danziger. She is the founder of worktop communications. Welcome to today’s show. Elizabeth Hi, nice to be here. Alan So Elisabeth communications is huge in today’s world, and how we effectively communicate will make a difference…
Identifying Disruptive Opportunities | Aaron DeBevoise
About Aaron DeBevoise Aaron is a serial entrepreneur. During his career he cofounded Machinima, a production company focused on action sports documentaries, StyleHaul Inc, a vertical network focused on Fashion and Beauty as well as other projects. Prior to starting his own venture. Currently he serves as the Founder and CEO of Network of…
The Midas Touch | Dixon Doll
About Dixon Doll For more than 35 years, Dixon has influenced and guided entrepreneurs, investors and executives in the computer, communications, and internet industries. Dixon was named to the Forbes Midas List for four consecutive years and received the 2013 Special Achievement Award in VC from the International Business Forum. He was elected to…