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Deductions & credits
@Ramer09 wrote:
I guess I misunderstood this part
"The PATH Act gives the IRS extra time to detect fraudulently-filed returns, which helps identity theft victims get their legitimate refunds more quickly."
This part? I don't know where yiu say that but the IRS says:
https://www.irs.gov/newsroom/path-act-tax-related-provisions
The PATH Act mandates that the IRS not issue a refund on tax returns claiming the Earned Income Tax Credit or Additional Child Tax Credit until Feb. 15. The additional time helps the IRS stop fraudulent refunds from being issued to identity thieves and fraudulent claims with fabricated wages and withholdings.
It does not say anything about speeding up refunds - it does just the opposite - it delays refunds.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
May 20, 2020
1:21 PM