turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

My income for the year 2016 was all in the form of cash; no W-2 or 1099. Will my refund still be delayed because I am getting the EIC?

I have read that the delay is to give the IRS time to match information on my return to the information on my W-2 and/or my 1099, but I have neither. Will my refund still be delayed?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
RichardG
New Member

My income for the year 2016 was all in the form of cash; no W-2 or 1099. Will my refund still be delayed because I am getting the EIC?

I'm afraid so.  Federal law requires the IRS to delay all refunds with EITC until February 15, regardless of the source of your income.  One of the main reasons for the delay is to give the IRS time to check for fraudulent returns filed by criminals using your Social Security number.  The fact that your business is all cash doesn't preclude a criminal from filing a false return in your name.

View solution in original post

1 Reply
RichardG
New Member

My income for the year 2016 was all in the form of cash; no W-2 or 1099. Will my refund still be delayed because I am getting the EIC?

I'm afraid so.  Federal law requires the IRS to delay all refunds with EITC until February 15, regardless of the source of your income.  One of the main reasons for the delay is to give the IRS time to check for fraudulent returns filed by criminals using your Social Security number.  The fact that your business is all cash doesn't preclude a criminal from filing a false return in your name.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies