Its already being 21 day the irs acepted my tax return and still no words.. dies that mean im not getting a refund?
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Here are my annual words of caution since some are so eager to file the returns early….remember patience is a virtue and don't plan on your refund being in your account on a certain date then you won't be disappointed or overdrawn. It is very possible that you get a DD date then it gets put on hold while the IRS reviews the account which can delay it for months. Do not be in a rush to transmit the return … once you press that button you cannot stop the filing or make any changes until the IRS accepts or rejects the return.
Last year the IRS started verifying W-2 forms before issuing a refund which means filing your return before the W-2 is issued will not work since your return will be held up until the employer has filed the W-2 with the IRS. And if you have Earned Income Credit or the Additional Child Tax credit the returns cannot be processed at all until 2/15 so those refunds will not hit until late February at the earliest … see this page :
https://www.irs.gov/newsroom/2018-tax-filing-season-begins-jan-29-tax-returns-due-april-17-help-avai...
The IRS no longer processes returns in first in first out batches. They are
processed individually so returns sent in at the same time will not necessarily
process together.
The IRS states that 9 of
10 returns will process in 21 days or less from being accepted not filed.
However considering that the IRS processes more than 140 million returns that
means 14 million will be delayed for more than 21 days.
Think of the IRS process as a long pipe line. Some returns will be rejected
before being allowed into the pipe and the rest will be accepted. Then once
accepted into the pipeline many will process directly through without any
delays and some will not. Some returns will be siphoned off for further
review of some kind. The basis of what triggers these reviews is a well guarded
secret but some are just picked randomly every year.
Some reviews are automated and some will require human attention. The
processing times will vary and due to the continued understaffing situation and
the gov shutdown they are likely to take much longer this year than last.
Here are my annual words of caution since some are so eager to file the returns early….remember patience is a virtue and don't plan on your refund being in your account on a certain date then you won't be disappointed or overdrawn. It is very possible that you get a DD date then it gets put on hold while the IRS reviews the account which can delay it for months. Do not be in a rush to transmit the return … once you press that button you cannot stop the filing or make any changes until the IRS accepts or rejects the return.
Last year the IRS started verifying W-2 forms before issuing a refund which means filing your return before the W-2 is issued will not work since your return will be held up until the employer has filed the W-2 with the IRS. And if you have Earned Income Credit or the Additional Child Tax credit the returns cannot be processed at all until 2/15 so those refunds will not hit until late February at the earliest … see this page :
https://www.irs.gov/newsroom/2018-tax-filing-season-begins-jan-29-tax-returns-due-april-17-help-avai...
The IRS no longer processes returns in first in first out batches. They are
processed individually so returns sent in at the same time will not necessarily
process together.
The IRS states that 9 of
10 returns will process in 21 days or less from being accepted not filed.
However considering that the IRS processes more than 140 million returns that
means 14 million will be delayed for more than 21 days.
Think of the IRS process as a long pipe line. Some returns will be rejected
before being allowed into the pipe and the rest will be accepted. Then once
accepted into the pipeline many will process directly through without any
delays and some will not. Some returns will be siphoned off for further
review of some kind. The basis of what triggers these reviews is a well guarded
secret but some are just picked randomly every year.
Some reviews are automated and some will require human attention. The
processing times will vary and due to the continued understaffing situation and
the gov shutdown they are likely to take much longer this year than last.
IRS representatives are the only ones that are able to research the status of your refund if your return was accepted (received) more than 21 calendar days ago. Call them at 1-800-829-1040, but prepare for potentially long wait times.
https://ttlc.intuit.com/replies/4495802
Additionally, taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit may experience a refund hold. The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or debit cards starting February 27, 2019, if these taxpayers chose direct deposit and there are no other issues with their tax return.
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