In general, you can expect your federal refund to be issued approximately 21 days after your electronically filed tax return has been accepted. However, identity theft is still a major problem, and the IRS continues to implement new strategies to protect taxpayer data. For example, if you claim the Earned Income Tax Credit or Additional Child Tax Credit on your 2016 individual federal income tax return, your refund will be held until February 15. This is general information and should not be acted upon without first determining its application to your specific situation.
Please contact your CPA or tax advisor for additional details. Comments are closed.
|
AuthorSuccessfully meeting the challenges inherent to new and smaller businesses provides me with a special type of satisfaction. Archives
February 2022
Categories
All
|