Question

Hi, its been a week since i filed my taxes and i am still in the pending notice. Why?

Forum|Forum|5 years ago
January 15, 2021
1 reply
0 views

No text available

TurboTax Free Edition Online

Employee

The tax return will remain as Pending until the IRS starts accepting or rejecting 2020 tax returns on February 12, 2021.

After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.

After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
See this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions

1

1264decemberAuthor

Also. How does this effect my receiving a stimulus payment ?

DoninGA

Employee

@1264december wrote:

Also. How does this effect my receiving a stimulus payment ?

If your stimulus payment was entered on the 2020 Federal tax return as a tax credit on the Form1040 Line 30 then that amount is included in the federal tax refund. The refund will not be issued until after the IRS accepts the federal tax return.

After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
See this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions