Today they will start but if you claimed any dependents on yours it will not be checked until Feb 15 and no one will get a refund until Feb 25~27th but if you did not claim a child you will get your refund quicker
While the IRS will begin to issue EITC/ACTC refunds starting Feb. 15, you should not count on actually seeing your refund until the week of Feb. 27 -- if you chose direct deposit or a debit card and there are no processing issues with your tax return.
The Additional Child Tax Credit (ACTC) is a refundable credit that you may receive if your Child Tax Credit is greater than the total amount of income taxes you owe, as long as you had an earned income of at least $3,000.
If you have children, you may be able to lower your tax bill by claiming the Child Tax Credit. The Child Tax Credit is a non-refundable credit, which means it cannot reduce your tax balance below zero dollars.
However, if you are unable to take full advantage of the Child Tax Credit (because the amount of your credit is more than the amount of income tax you owe), you may be able to claim the Additional Child Tax Credit as well. With the Additional Child Tax Credit, you may receive a payment for the portion of the Child Tax Credit that was not used to offset your taxes.
The IRS will start accepting 2016 returns on January 23. TurboTax will send you an email when your federal tax return has either been accepted or rejected by the IRS.
My girlfriend and I were both "Accepted" today, but this only means that our SSN's / names and addresses match their files.. being accepted has nothing to do with your return actually being processed.. Hope this helps... TT on 1/5/2017
I was in the test batch last year and had my refund on Feb. 2nd on Netspend card. I filed Jan. 6th and was accepted yesterday. Thanks to the new laws, won't be expecting a refund until mid Feb. this year though. :(
I filed 1/3, got notice of acceptance 1/12 but already know my refund will not come prior to the 2/15 mandatory hold....which they say can actually be 2/27 before it starts to roll out to banks. I hope it won't be the end of February but I have to say I am glad that they are being more careful about trying to catch fraudulent returns. In 2007 I had a fight on my hands because my ex husband claimed my younger daughter for 2006 who A) is NOT his child and B) lived with me all year obviously and 10 months of that year we weren't even in the same state he was in.
Congrats @tmitcham I was able to order bout my transcripts this morning so wonder if that means there done an will just set there till February 15th possibly later ?
Right there with you @a.ray82 I'll be sitting until the 15th as well (which they say could actually mean a DD after 2/27!) but the good news is that the 15th is just 19 days away.
Don't feel bad @a.ray82 I'm in the same boat as you! I was able to order both my transcripts today and I have Eic And ACTC too. So we are both sitting ducks ..lol :)
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when does the irs start accepting returns
so I filed mine on jan. 3 on turbo tax so today mine get looked at by turbo tax I did them e-file
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Today they will start but if you claimed any dependents on yours it will not be checked until Feb 15 and no one will get a refund until Feb 25~27th but if you did not claim a child you will get your refund quicker
Why do you want to report this?
It might be checked but they are not suppose to issue out any check for eic until "feb15" I have eic and I was accepted the 12th.
Why do you want to report this?
Will I get my refund on Feb. 15?
While the IRS will begin to issue EITC/ACTC refunds starting Feb. 15, you should not count on actually seeing your refund until the week of Feb. 27 -- if you chose direct deposit or a debit card and there are no processing issues with your tax return.
Why do you want to report this?
Wonder if it will really be the 15th February before they start the ones with eic an or child credits with them already moving this fast on others?
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I wondering and wishing as well @a.ray82
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Because of the new tax laws, they are obligated to hold until the 15th of February
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Yeah, IRS def playing it safe by delaying those other types of returns...
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not claiming dependents, it's only the ADDITIONAL child tax credit
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What exactly is actc I know I get eic but not sure what the other is
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The Additional Child Tax Credit (ACTC) is a refundable credit that you may receive if your Child Tax Credit is greater than the total amount of income taxes you owe, as long as you had an earned income of at least $3,000.
If you have children, you may be able to lower your tax bill by claiming the Child Tax Credit. The Child Tax Credit is a non-refundable credit, which means it cannot reduce your tax balance below zero dollars.
However, if you are unable to take full advantage of the Child Tax Credit (because the amount of your credit is more than the amount of income tax you owe), you may be able to claim the Additional Child Tax Credit as well. With the Additional Child Tax Credit, you may receive a payment for the portion of the Child Tax Credit that was not used to offset your taxes.
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Cha-Ching! Love this time of year..
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how can I find out my other account informations
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can u take me to where I can change mine from yalls card to a a bank card please I never got to fill out bout a bank accott
- Asked by mybabyboo67
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The IRS will start accepting 2016 returns on January 23. TurboTax will send you an email when your federal tax return has either been accepted or rejected by the IRS.
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https://ttlc.intuit.com/questions/2562178-what-does-pending-mean
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TurboTax notified me today that my return was accepted by the IRS today.
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You were probably in an early IRS test batch. However, no refunds will be issued early.
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I agree. The IRS refund schedule says first DD's will hit Feb 3rd but an early surprise is always welcome.
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My girlfriend and I were both "Accepted" today, but this only means that our SSN's / names and addresses match their files.. being accepted has nothing to do with your return actually being processed.. Hope this helps... TT on 1/5/2017
Why do you want to report this?
This is encouraging news provided the IRS said they aren't 'officially' accepting returns until Jan. 23rd.
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Hopefully... it's a sign of getting into an early test batch. Will be the second year in a row for me..
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I was in the test batch last year and had my refund on Feb. 2nd on Netspend card. I filed Jan. 6th and was accepted yesterday. Thanks to the new laws, won't be expecting a refund until mid Feb. this year though. :(
Why do you want to report this?
I was accepted yesterday... I filed 1/5/17
Why do you want to report this?
I filed 1/3, got notice of acceptance 1/12 but already know my refund will not come prior to the 2/15 mandatory hold....which they say can actually be 2/27 before it starts to roll out to banks. I hope it won't be the end of February but I have to say I am glad that they are being more careful about trying to catch fraudulent returns. In 2007 I had a fight on my hands because my ex husband claimed my younger daughter for 2006 who A) is NOT his child and B) lived with me all year obviously and 10 months of that year we weren't even in the same state he was in.
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Checked this morning and the first bar is now lit up on WMR.
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I also received a email An text today stating irs accepted might
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Does anyone think they might get a refund this Friday from the IRS test batch if there is one??
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No... if I had to guess I would say " at the earliest " sometime next week. But don't quote me on that because I'm not the IRS ...lol
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I hear ya; it sure would be nice though.
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Great news, refund approved. DD coming this Friday!!!!!
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Congratulations..on your approval, did you claim any eic or any child tax credit
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Tmitcham when did u file an did you have eic
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Nicole, thanks and no I didn't have EIC or child credits... Ray, I filed on 01/08 and was accepted on 01/13..
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Congrats tmitcham!!! That was a fast response from the IRS :)
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I know right...I guess this answers the question if we were going to have a test batch this year.
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Out of sheer curiosity, I pulled my transcript and it says refund processed on 2/13/17 but WMR has a DD of 1/27 -- Friday.
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Dang wonder what that means
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It sounds and looks like it's your 21 day mark. As they say "your refund will be processed in 21 days "
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21 businesses days if you count on the calendar :)
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I'm hoping WMR is more accurate and the monies hit in a few days on Friday..
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Congrats @tmitcham I was able to order bout my transcripts this morning so wonder if that means there done an will just set there till February 15th possibly later ?
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If WMR says you've been accepted, your Refund will likely hit next Friday unless you have any of those child tax credits...
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Or approved I mean, second bar completed.
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Unfortunately I do the eic so reckon I'm sitting duck till February 15th lol
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Right there with you @a.ray82 I'll be sitting until the 15th as well (which they say could actually mean a DD after 2/27!) but the good news is that the 15th is just 19 days away.
Why do you want to report this?
Don't feel bad @a.ray82 I'm in the same boat as you! I was able to order both my transcripts today and I have Eic And ACTC too. So we are both sitting ducks ..lol :)
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@a.ray82 it'll be here before you know it...glad the IRS is taking some action to combat these issues though.
Why do you want to report this?
Absolutely @tmitcham glad to know my wait is in an effort to keep others from being taken advantage of
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