Is IRS expecting to delay refunds again when we file in 2018?

Forum|Forum|7 years ago
June 3, 2019
20 replies
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Best answer by DoninGA

That is not known at this time. The IRS normally does not start accepting Federal tax returns until mid to late January.

Any notices would be posted on the IRS website here - https://www.irs.gov/newsroom/irs-statements-and-announcements

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TaxGuyBill

Employee

If you are referring to a tax return with the Earned Income Credit or the American Opportunity Credit, YES. It isn't really a "delay", because the IRS is not ALLOWED to start issuing refunds until after February 15th.

Critter

Employee

Yes ... it is a delay to the taxpayer but it is really a mandate to the IRS. Rules were changed to reduce the fraud in the system ... so the effected taxpayers need to plan accordingly.

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LauriethecookAuthor

Employee

Ok good. I hope they're getting a handle on cheaters! I don't get EIC anymore but my children do for my grandbabies. So Feb.15 is when they'll start accepting forms? Thank you for answering

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LauriethecookAuthor

Employee

Thank you for that link DoninGA!

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TaxGuyBill

Employee

The IRS accepts the forms earlier, so you should file as early as possible, in case of other delays or problems. The refunds just can't be issued until February 15th (which means people usually won't get the refunds until the end of February) if the tax return has one of those two credits on it.

The IRS usually starts accepting tax returns in mid-to-late January.

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LauriethecookAuthor

Employee

Thank you TaxGuyBill. I personally got my refund about a week after I filed last year,but both my daughters took longer.

SteamTrain

Employee

With the Equifax hack having been done...there may be further delays implemented by the IRS.

They will certainly need to do something to prevent massive fraud this coming year...so no promises can be made.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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LauriethecookAuthor

Employee

Oh that's right SteamTrain-I forgot all about that breach! You are right...prob even more precautions this year!

Critter

Employee

Sadly the effects of that situation will be felt for years to come as the stolen info is usually stored for a couple of years and used after the one year monitoring stops and the info isn't "hot" anymore.

SteamTrain

Employee

Those theft delays could change...with millions of people locking their credit files, the jerks may just start trying to use the info before the credit files get all locked up.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*