So I mailed my taxes in on Mar 28th, 2017. It was accepted in the 11th of April. it is now Jun 11th, 2017. On WMR the bar is gone, has been saying refund is processing and we will give you a date when it’s available. I wonder should I be concern or is it normal. I don’t have any codes and when I call the IRS I only get automatic voice. I would like to speak to someone
This is an optional tax refund-related loan from Axos Bank™, Member FDIC; it is not your tax refund. Loans are offered in amounts of $500, $750, $1250 or $3000. Approval and loan amount based on expected refund amount, ID verification, eligibility criteria, and underwriting. If approved, funds will be loaded on a prepaid card and the loan amount will be deducted from your tax refund, reducing the amount paid directly to you. Tax returns may be e-filed without applying for this loan. Fees for other optional products or product features may apply. Limited time offer. Available at participating locations. Not offered in Puerto Rico. HRB Maine License No. FRA2. OBTP#B13696 See hrblock.com/refundadvance for details. ©2018 HRB Tax Group, Inc.
As Lifehacker covered last year, the IRS “aims to issue all refunds within 21 days of your filing if you did so electronically, but it will take longer if you mailed in your return,” usually anywhere from four to eight weeks. That said, the implementation of the new law means the IRS has had to update its systems, and those updates fell behind schedule. Coupled with the government shutdown kerfuffle, it could be a very taxing tax season. So give it a bit of time. Track your refund with the IRS2Go app or its online refund tool.
The Warriors outscored the Pacers 60-42 in the paint. Kevon Looney scored a season-high of 15 points, all from inside. Cousins also showed flashes of pre-injury bully ball by backing down defenders in the post and getting some easy baskets and even a dunk in the second half. Tonight’s performance was reminiscent of last week’s game in Washington when the Dubs scored a season-high 70 points in the paint. As Cousins continues to progress, look for these interior numbers to be more of a regular occurrence than an outlier.
Federal corporate income tax is imposed at graduated rates from 15% to 35%. The lower rate brackets are phased out at higher rates of income, with all income subject to tax at 34% to 35% where taxable income exceeds $335,000. Additional tax rates imposed at the state and local level vary widely by jurisdiction, from under 1% to over 16%. State and local income taxes are allowed as tax deductions in computing federal taxable income.
TurboTax CD/Download products: Price includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees apply for e-filing state returns. E-file fees do not apply to New York state returns. Savings and price comparison based on anticipated price increase. Prices subject to change without notice.
The IRS reminds taxpayers that, by law, the IRS cannot issue refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) before mid-February. While the IRS will process those returns when received, it cannot issue related refunds before mid-February. The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2018, if they chose direct deposit and there are no other issues with the tax return. 
I filed on jan 16,2015. was accepted on 1-23-15. wmr said accepted for a couple days then nothing. checked my transcripts it had codes 150,806,570,971. waited a week and checked again. transcript had codes 150,806,570,971,571,,846. checked wmr and it says checked to be mailed by 2-23-15. i had pd for dd. why are they sending a check. and when will i get it. ty in advance
The IRS reminds taxpayers that, by law, the IRS cannot issue refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) before mid-February. While the IRS will process those returns when received, it cannot issue related refunds before mid-February. The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2018, if they chose direct deposit and there are no other issues with the tax return. 

I e-filed on January 30th with EIC and Form 8863. I realize they didn’t start accepting anything until February 14th, but still, here it is on February 27th and I’m seeing two different things: the IRS2Go app is showing that my refund is being processed, and on the other hand the Where’s My Refund tool is saying that my return is still being processed. I’m trying to be reasonable about this but when I work at a job that doesn’t pay really much and puts me on unpaid vacation for three months out of the year, the bills really stack up. Right now I’m at least two months behind on three major bills, and for me personally, my refund is the largest single check I get during the year. It helps me catch up and get ahead a little, but the fact is I’m stuck at said job because there’s not really anything else where I live at in terms of employment options. Having said that, could you try to estimate when I might see my refund? At this rate, I’m getting worried it may not hit until sometime late next month or by early April, at which point I might as well face possible eviction from my apartment.

Federal individual, estate, and trust income tax returns are due by April 15[51] (in 2017, April 18[51]:5) for most taxpayers. Corporate and partnership Federal returns are due two and one half months following the corporation's year end. Tax exempt entity returns are due four and one half months following the entity's year end. All federal returns may be extended, with most extensions available upon merely filing a single page form. Due dates and extension provisions for state and local income tax returns vary.

The Franchise Tax Board (FTB) takes taxpayer information confidentiality and computer security very seriously. FTB’s website uses industry standard security measures to provide a secure, encrypted connection between capable web browsers and our web servers. For more information concerning your privacy, see FTB 1131, Franchise Tax Board Privacy Notice.
Well, my 21 days has arrived and no refund or refund date in sight. I tried to retrieve my transcripts for the next round of SL’s and they are unavailable as well. I called the IRS yesterday, and after a wait of 43 minutes finally spoke to a live person. I was informed that my taxes were accepted on 2/14 and that my transcripts should be available by the end of the month. When they are available my refund will be made available as well. The lady said that I was one of the “lucky” ones b/c my return was fine – just still in processing. She informed me that many people have “bad math” and that really slows everything down. She also confirmed that there was a sort of “test batch” but it shouldn’t have adverse effects on filers. I am hopeful that everything will be available as of 3/14 considering that is the 30 day mark for FAFSA. Considering the negligence of the fed and the vast amount of trouble many people are having I have taken the time to review my withholding’s and make my contribution to the fed as minimal as possible. I would rather owe money than have to wait for the govt to get their act together.
Apart from taxing business income through a corporate income tax or a personal income tax, many states impose a separate tax on at least some businesses, sometimes called a franchise tax or privilege tax. This is frequently justified as a tax simply for the privilege of doing business in the state. As with state taxes on business income, the specifics of a state’s franchise tax often depend in part on the legal form of the business. Franchise taxes are generally either a flat fee or an amount based on a business’s net worth.

Prices based on hrblock.com, turbotax.com and intuit.taxaudit.com (as of 11/28/17). TurboTax® offers limited Audit Support services at no additional charge. H&R Block Audit Representation constitutes tax advice only. Consult your attorney for legal advice. Power of Attorney required. Does not provide for reimbursement of any taxes, penalties or interest imposed by taxing authorities. Terms and conditions apply.
I filed back in February, within weeks i received a cp05 letter, saying I would get the refund or another response by the 16th of April. I called the IRS they said they credited my account on the 15th of April, but the wheres my refund says it is still processing. So according to this I should get the direct deposit around may 1st? Do you know if when the IRS does a review does IRS still do direct deposits, I heard they only send checks for whatever reason. Thanks for the article the only page that I have seen that lists some kind of time frames on the taxes.

I hope you find this information helpful. The IRS selected me to identify (IRS Form Letter 5071c). February 22, 2017, I called (800) 830-5084 and answered a series of question to verify my identity. They told me in would take up to 9 weeks. February 25, 2017 (3 days later), Where Is My Refund (WMR) gave me a deposit date for March 1, 2017. So for me, it took 3 days after I verified to find out my deposit date.
Income generated by long term capital gains is subject to its own tax rates. These rates were linked to ordinary income brackets through 2017, but the Tax Cuts and Jobs Act also changed that effective Jan. 1, 2018. Capital gains now have their very own tax brackets. They apply to your overall taxable income, not just what you've realized in capital gains. 
California does not allow several federal deductions, including deductions for contributions to a health savings account (HSA), adoption expenses, federal estate taxes, educator expenses, qualified higher education expenses, and paid state, local, or foreign income taxes. The amount of other federal deductions such as IRA contributions and charitable giving are also limited in California. 

IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, I must inform you that any U.S. federal tax advice contained in this website is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter contained in this website.


Curry led the Dubs in points, scoring 23 of his 26 points in the first half of a 32-point blowout of the Pacers on Monday. Golden State has now won 11 straight, and Curry unsurprisingly has been ultra-productive during the win streak, averaging 30.0 points, 5.8 assists and 4.9 rebounds. He's been perfect from the charity stripe and shot 46 percent from three in that same span.
The courts have generally held that direct taxes are limited to taxes on people (variously called "capitation", "poll tax" or "head tax") and property.[53] All other taxes are commonly referred to as "indirect taxes," because they tax an event, rather than a person or property per se.[54] What seemed to be a straightforward limitation on the power of the legislature based on the subject of the tax proved inexact and unclear when applied to an income tax, which can be arguably viewed either as a direct or an indirect tax.

My tax return was accepted on Feb 14,2013. It started being processed on 3/5/2013.My tax return is still being processed according to the wheres my refund tool. I electronically filed on Feb 4,2013 and requested direct deposit to my bank account, but since I have education credits it took until the Feb 14,2013 to be accepted. I am starting to worry since it clearly stated “you should receive your refund within 21 days or less”. Anyone else having the same issues?
After refunds leave the IRS, it takes additional time for them to be processed and for financial institutions to accept and deposit the refunds to bank accounts and products. The IRS reminds taxpayers many financial institutions do not process payments on weekends or holidays, which can affect when refunds reach taxpayers. For EITC and ACTC filers, the three-day holiday weekend involving Presidents’ Day may affect their refund timing.
If you underpay your California income tax, either through inadequate withholding or because you are self-employed and did not make the correct estimated payments, you will be charged an underpayment penalty. The penalty is 5% of the unpaid total, plus ½ of a percent every month that the tax remains unpaid, up to a total for 40 months, equaling a maximum penalty of 25%. Continued failure to pay can lead to stronger collection actions on the part of the FTB, which can be fairly aggressive about pursuing unpaid tax liabilities.
Many Californians complain about high taxes, and some vote with their feet, moving to no tax states like Nevada, Texas, Washington or Florida. A recent report says that dozens of millionaires fled California after the 2012 tax increase. The report quotes a study noting that 138 high income Californians left the state. That may sound draining, although the researcher said that, “We estimate that California lost 0.04 percent of its top earner population over the two years following the tax change.” That's a tiny number, and California's high taxes have always motivated some moves. The 2012 tax change is now old news, and yet there is still talk about the huge impact. However, that may be especially true when taxpayers see their 2018 tax returns next year.
You filed your tax returns late. This is by far the most common reason you may still owe money. People don’t realize that late filing, even by one day, will incur a late filing penalty. Late filing will cost you a 5% penalty plus ½ of 1% for each month the unpaid taxes aren’t paid. The minimum penalty is $100. The obvious answer is to make sure you file your taxes and pay the amount owed before the due date.
According to the Protecting Americans from Tax Hikes (PATH) Act, the IRS cannot issue EITC and ACTC refunds before mid-February. The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or debit cards starting Feb. 27, 2019, if these taxpayers chose direct deposit and there are no other issues with their tax return.
In Central Illinois Public Service Co. v. United States, 435 U.S. 21 (1978), the U.S. Supreme Court confirmed that wages and income are not identical as far as taxes on income are concerned, because income not only includes wages, but any other gains as well. The Court in that case noted that in enacting taxation legislation, Congress "chose not to return to the inclusive language of the Tariff Act of 1913, but, specifically, 'in the interest of simplicity and ease of administration,' confined the obligation to withhold [income taxes] to 'salaries, wages, and other forms of compensation for personal services'" and that "committee reports ... stated consistently that 'wages' meant remuneration 'if paid for services performed by an employee for his employer'".[64]:p. 27
I had my return prepared at H&R Block. On January 22nd I received a text from h&r saying that both my federal and state taxes were accepted. A few days later the WMR site showed me on the 1st bar. I have never received an email from the IRS confirming that my taxes were accepted. Several days go by and my bars disappear with the message saying that my return was still being processed. I became suspicious, and found an error on my return paperwork. My children’s last names were not entered correctly. I returned to
Every year, taxpayers have questions about early filing. Many software companies and tax professionals will accept tax returns before opening day, January 28, 2019. That doesn't mean that your tax return will be filed early. Software companies and tax professionals will submit returns when IRS systems open. For faster refunds, the IRS strongly encourages people to file their tax returns electronically.
Makes sense, and thank you. You give THE BEST answers out there. Detailed and straightforward — and you don’t make your posters sound like morons, which is a big plus. So thank you. To sum up: Sounds like what you’re saying is that an audit would not likely happen *without a review first* since, in the chronology you describe, there seems to be a definitive sequence of events. First a mismatch or a flag raised (from under-reported income or something being off), or a random check that happens to lead to a review. Then, that initial review could lead to an actual audit if they aren’t happy with the outcome of the review (if it even gets to that step). If no review — whether random or triggered by a mismatch or flag of some sort — then no audit? According to some of your earlier posts, you said a taxpayer would likely get a CP05 letter within 90 days of being informed of an issue (like, for example, going on WMR and being told to expect a letter) or when the mismatch or flag was raised. Does that sound correct in terms of timing? The timing of when this entire sequence of events is what I’m questioning most. It always seemed random to me that they could just out of the blue, send you a letter saying they’re looking at your taxes from 2, 3, 4, 5 years ago. But maybe they do, who knows!
gains, profits, and income derived from salaries, wages or compensation for personal service ... of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property, whether real or personal, growing out of the ownership or use of or interest in such property; also from interest, rent, dividends, securities, or the transaction of any business carried on for gain or profit, or gains or profits and income derived from any source whatever.[64]:p. 429
According to the Internal Revenue Service (IRS), a taxpayer with gross income (all income from all sources) of more than $10,000 will have to pay federal tax. For independent contractors, or what the IRS refers to as “non-employee compensation,” taxes on any earnings over $600 must be paid. Employers must provide employees with a W-2 at some point in January. Businesses that hire independent contractors will have to give them their 1099-MISC by a certain date, which will include information regarding non-employee income.
I wondered if perhaps FAFSA or any other college scholarship programs might consider the tax return dilemma this year and extend their application cut off dates..or maybe allow those with tax return delays the chance to reapply? Seems almost surreal that many won’t have the resources to attend college due to the lack of being timely by our politicians (fiscal cliff fiasco). I honestly believe there should have been a backup plan in regards to having the software to check the returns updated in order to facilitate the returns with certain deduction criteria, such as the education credits.Your input would be much appreciated.
Some states such as New York and Maryland have decoupled from federal provisions that would have raised their individual income taxes, while permitting an implicit increase in corporate taxes, Walczak said. Other states including Vermont, Georgia, Idaho and Utah trimmed their tax rates. Iowa and Missouri used federal tax reform as the impetus for broader state-tax reform. “Some states are on track to quietly keep the revenue, while others have punted by delaying conformity considerations another year,” he added.
Hi, I e-filed my tax on 2/1/15 and it was accepted on the same day. The status on WHR was not changed until 2/13/15. It showed me “It is still being processed…”. But, the message was changed today as follows: “We received your tax return and it is being reviewed. You will receive a notice from us requesting you to provide additional information within 30 calendar days. You may not receive all or part of your refund until we receive and review the information we requested. If you need more information after you receive our notice, call the number on the notice.” Does this mean my tax return is being audited? Must I receive a certain letter from IRS? Could the IRS process my tax return without sending a letter? I am so confused. I would appreciate it, if you could give me any information on it. Thank you in advance.
The IRS entered the first day of tax season with 5 million pieces of unopened mail, CBS News has confirmed -- lingering effects of the government shutdown that could take the agency more than a year to recover from. Since in-person IRS help centers were closed, taxpayers turned to the postal system, and the IRS went from getting 200,000 pieces of mail per day to 700,000.  
Robert, I came across this page after 2 days looking up info. I’m a wreck right now. Nothing changed on our return this year, but we did forget to file unemployment income that I got 3 days ago, it was for like 6500$ so it put us in a whole other tax bracket and caused an overpayment, I called turbo tax and was told to wait for my refund, that they would not catch it yet bc they don’t get that info until summer, and to send the money we were overpaid in with an amended return. Well I was able to order both transcripts on Friday, woke up sat to take actions, 30 days for letter, ect. Tax topic 151. I have had multiple ppl say this is only for EIC, but when u look it up it is just an appeals right that says they changed something on ur return and u either have too send in info or just wait. Is it possible this is just the unemployment or do u think its the EIC? A few ppl were even told they will get their money, minus all the credits it’s until they can prove it. We do not have any offsets, nor do we owe any other back taxes. I’m positive my last few years were all filed correctly and we have never had any problems. If u know anything about this, please let me know, I plan on filing a hardship since my fiancé has been laid off twice from the coal mines in the last 6 months due to the mines closing. I have multiple discconect notices, and his unemployment ends in like 2 weeks. This is the first time we Have actually needed our money and I am devasted. We have 3 kids and have never been in a situation like this, it’s very scary.
"Now, it's like the hundred-meter dash -- we have 21 days to get it done, and then who knows?" said Mark Steber, Jackson Hewitt's chief tax officer. Jackson Hewitt has been accepting returns for the last two weeks, but fewer people than normal have been filing, Steber said. "I would attribute that 100 percent to people hearing the government was shut down."
MY refund was accepted on Feb 6 and it still says processing, I’m worried also I have never waited this long before. I already got my state on the 24 .I still haven’t got my federal .I do have the EIC I guess that’s what its called .I did it online last year and this year. I’m scared I might have done something wrong because I have never waited this long.Would they have let me known if something was wrong.
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