2016 refunds being held

Forum|Forum|7 years ago
June 1, 2019
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I've heard that the irs is holding refunds and won't process the refunds until Feb 15th. Will this be when the refunds are released or when the irs will start processing the actual taxes.

TurboTax Deluxe Online

M

mesquitebean

Employee

The IRS will begin processing returns on January 23. If your return has EIC (earned income credit) or ACTC (additional child tax credit), the IRS will hold off on releasing the refunds while they doublecheck the data (to help detect fraud.). They will start releasing those delayed refunds on February 15, which means filers with those credits will probably start receiving the refunds around the week of February 27.