Taxes Questions and Answers

Irs discount bottleneck?

i am one of the tax payers who settlement date was changed to 02-19-08 due to processing rearrangement. has anyone received any updated information on their status nonetheless? or has it stayed duplicate, I am wondering since this week is when the refunds are suppose to be received, when will they update their website to imitate updates?


Answers: still waiting too. return accepted 1/21 (but this be a federal holiday) original date 2/1 and around 1/30 pushed to 2/19.

update 2/13 own a deposit date now.
If you use one of the following forms

o Form 8863, Education Credits.
o Form 5695, Residential Energy Credits.
o Form 1040A's Schedule 2, Child and Dependent Care Expenses for Form 1040A Filers.
o Form 8396, Mortgage Interest Credit and
o Form 8859, District of Columbia First-Time Homebuyer Credit.

you can’t efile until 2/11, and if you convey your return by mail past that, they’ll just hold it and not process it until next.

That could be what is holding up your refund. Or it could be something on your return to be precise getting a second look.
Hello. The same thing happen to me. My refund date be changed from 2/8 to 2/19. I used Turbo Tax to efile my 2007 taxes and was immensely disappointed to find out there have been a loose change. Still, when I access my information through Turbo Tax, they say I should receive my discount on 2/8, but when I go to IRS.GOV to review the status of my reimbursement , it gives me a date of 2/19. I hold yet to find out why this translation occured!
I am still waiting for my refund to be direct depositied into my hill account.

How long does it whip the IRS to approve an E-file tariff return?

I submitted my federal tax return through the H&R Block website on January 29th, and the status shows it still approaching at the IRS. I am self-employed, and didn't realize I needed to file quarterly closing year, so I would give some extra time for that- but two weeks? Should I be worried... severely worried?


Answers: An acceptance or rejection usually comes in 24 hours. I'd worry some. But it might only just be that you didn't file quarterly. That's going to cost you money, but if you can vertebrae up everything on your return, you'll be OK once you pay the taxes you owe, plus any penalty for under-withholding.
Did you send contained by your payment?

Tax question?

I have have jobs but havent file taxes in going on for 10 years or so.. what do I do?


Answers: Leave the country. But seriously; if you have have significant income, you may have a bunch of final taxes to deal next to. If your income was exceedingly low, you may not have too much trouble.

If your income be large, you should consult a levy lawyer right away and procure it straightened out. The IRS charges penalties and interest on owed taxes, but a pious lawyer can bring you a settlement.
Depending on how much income you had during those years, and if you have any withholding to cover the tax you owed, this might or might not be a serious problem.

Get together as frequent of your tax papers similar to W-2's and 1099's as you can, and make an appointment near a CPA.

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