Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 05-25-2007, 06:34 PM
Junior Member
 
Join Date: Jan 2007
Posts: 11
I haven' received my tax refund as of yet? Its been more than 6 wks what should I do?

Dear Taxguru,

I am a little worried that I haven't received my tax refund yet, I filed my return sometime in end of March and am expecting a refund of over $5,000. Is the delay due to the size of my refund??

Please advise, thks in advance..



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 05-27-2007, 01:26 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
I am hoping that you mailed the tax return by certified mail and you have confirmation of the delivery.

The amount of refund has no bearing on the timing of your tax refund. I would advice you first call the IRS at 1-800-829-1040, or 1-800-829-0922 to speak with a Customer Service Rep and determine the status of the refund.

Alternatively, you can access the IRS website Internal Revenue Service and click on link "Wheres my refund?", and follow the instructions on this site. Enter your personal information, the website will inform you of the status.

Non-Filing of prior years.
The IRS will inform you via a letter letting you know what the hold up is. If you have not filed a tax return for previous years and you have taxable income, your refund will not be sent to you until such time that you file those delinquent tax return's. The filing of deliquent tax returns will release the refund subject to you not owing any taxes on those past tax returns. If you do owe prior year taxes, a deduction would be made to account for past liabilities.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.