- Asked by usmc_wife86
The IRS is using a different system that they started up last year called MeF for individual tax returns ...they started up the system for individual returns last year, but didn't fully implement and use it. It was only used after February 6 for individual returns, and it caused a major delay in some because of the system slowing down. This year, the IRS shut down the "legacy" e-file system, which has been in use since e-file started...and went to fully using the MeF system, the Modernized E-file system.
Also, the refund cycle for the MeF system IS DAILY. They can process and send out refunds any day of the week with MeF...where with legacy e-file...they only sent deposits 2 days a week...now they'll be sending them each day of the week. The IRS will update it's computers each day at 8am...so you can (after 1-30) check Where's My Refund and see different results each day after 8am when they update it.
I know all of this because 1)I deploy tax software and have been in contact with Drake Software tech support, which said the IRS told a list of preparers across the USA to send in about 18,000 e-files. That means EACH preparer could send 18,000 e-files, not 18,000 in all...I heard rumor that they took in about 500,000 early e-filed returns, but I didn't get that number from Drake. I only got the 18,000 number from Drake. Also, the MEF system information, I got from Drake and the IRS. Not only do I deploy software, I also prepare taxes...so I have information that a tax preparer gets, because of my jobs interaction with a software vendor that makes tax software.
I am trying to listen to all these nice stories about folks who have received their money early but I just don't beleive it. All the sstories seem to be about somebody who knows somebody, who knows somebody, who's mama got their money already!!!! When I talked with the lady at SBBT, she said NO ONE has gotten ANY MONEY from SBBT. I do realize that they have certain things that they must say to cut down on a huge influx of calls but I just kinda believe her. Don't get me wrong, I sooo want us to get our money this week. I want to make all the folks who hught my filing so early was dumb to have to eat crow and plus, my daughter turns 12 on Saturday so I would love to give her the type of party that would blow her little mind, lol... but just in case, I will not make crazy plans for the weeked. But if I see money in my account I will update you guys. Good luck to us all!
I just checked SBBT bank and nothing there as well as my bank account. I was accepted on the 24th as well around 10:30pm and I'm hoping to hear something by the end of this week. I'm not sure about the "testing new system" story that I've been reading about, but I do know that the IRS did away with the chart this year. I guess maybe they are trying something new and different with the whole not opening the WMR link until the 30th. Either way it goes, I'm blessed enough to be in a good place financially right now so I'm not too depended on my refund, however who wouldn't be excited about getting a few extra dollars in their pocket? LOL.... I hope and pray that everyone hears something this week and I will for sure post something if/once I receive news!
Be BLESSED :)
TurboTax as well as other tax providers are working with the IRS to start sending returns through the IRS system, in the order we received them, as they ramp their systems up for the official launch on January 30th. Because of this “limited early processing” some customers started (and will continue) seeing IRS notifications of acceptance or rejection.
Please note the IRS does NOT start processing refunds for any returns until the 30th. If you have any questions about this, let us know. We’re here seven days a week to answer your questions.
We'll be closing this thread because it's extremely long and getting unwieldy to view/answer. If you have a specific question that wasn't answered here, please post a new question.
3 minutes ago
Hi - we can confirm that the IRS has not issued any Federal Refunds to date. They will start the process on 1/30. As a reminder, 9 out of 10 taxpayers who efiled and selected direct deposit received their federal refund in less than 21 days last year, and the same results are expected this year. Hope this helps!
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- jessyka.buras , i didn't say i'd fight fair.