A review of refund letter from the IRS is not the same thing as an audit. There are many reasons that the IRS may review or hold a refund, such as:
- You have unfiled or missing tax returns for prior tax years.
- The check was held or returned due to a problem with the name or address.
- You elected to apply the refund toward your estimated tax liability for next year.
- The IRS is reviewing your tax return.
- Your refund was applied to a debt you owe, to the IRS or another federal or state agency.
It is hard to say how long the IRS review process will take. Here are some general guidelines that are posted on the IRS taxpayer advocate website:
If you provide the information the IRS requested, the IRS should correct your account and resolve the refund issue (generally within 60 days).
If you file a missing or late return, the IRS will process your returns and issue your refunds (generally within 90 days).
If you don’t provide the information or file the missing returns, your refund will be delayed longer.
If you file an amended tax return (IRS Form 1040X, Amended U.S. Individual Income Tax Return), the IRS should make any necessary adjustments and issue the refund (generally within 120 days).
If you’re facing serious financial difficulties and need your refund immediately, contact the Taxpayer Advocate Service. It may be able to expedite your refund.
For more information, see this website: https://taxpayeradvocate.irs.gov/get-help/held-or-stopped-refunds
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
