Workers are beginning to receive their w-2 forms from their employers, and our local Thomas Jefferson Area Earned Income Tax Credit Coalition is gearing up to provide free tax preparation for anyone who earned less than $51,000 in 2012.
Here is some handy information from the IRS for all taxpayers to keep in mind.
Use Where’s My Refund? to check the status of your refund
The Internal Revenue Service (IRS) online tool Where’s My Refund? has a new look this year. The tool includes a tracker that displays progress though 3 states: (1) Return Received, (2) Refund Approved and (3) Refund Sent. Where’s My Refund? will give you personalized refund information based on the processing of your 2012 tax return.
Where’s My Refund? gives you a refund date as soon as the IRS processes your tax return and approves your refund. This means you won’t get an estimated refund date right away. Updates to refund status are made once a day — usually at night.
Once the IRS is able to accept returns beginning January 30, they expect refunds to be issued within normal timeframes. The IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected in 2013.
Just use the IRS2Go phone app or go to IRS.gov. Both are available 24 hours a day, 7 days a week. After January 30, 2013, you can start checking on the status of your return within 24 hours after the IRS received your e-filed return or 4 weeks after you mailed a paper return.
To use Where’s My Refund? have your 2012 tax return handy so you can provide your social security number, filing status and the exact whole dollar amount of your refund.
Tips to help you file an accurate return and get a faster refund
Don’t count on getting your refund by a certain date, particularly to make major purchases or pay other financial obligations. Even though the IRS issues most refunds in less than 21 days, it’s possible your tax return may require additional review that may take longer to process.
Posted by: Barbara Hutchinson Happy tax filing!
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