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Message
Federal Tax Refunds
Posted on 2/20/13 at 12:04 pm
Posted on 2/20/13 at 12:04 pm
Do any of you tax preparers out there have any experience with how fast the IRS is paying out refunds this year? I know their site says typical is 21 days but they have definitely been faster than that in previous years. Have any of you filed returns for clients and found out that they received their refund faster?
Thanks in advance!
Thanks in advance!
8
Posted on 2/20/13 at 12:25 pm to MotorbikeMike
It all depends. Mine was flagged last year and reviewed by hand so it took 9 weeks.
This post was edited on 2/20/13 at 12:26 pm
Posted on 2/20/13 at 12:34 pm to MotorbikeMike
quote:
Federal Tax Refunds
What is that?
Posted on 2/20/13 at 12:43 pm to MotorbikeMike
I know some people that have gotten their refund within 7-10 days with direct deposit this year.
Posted on 2/20/13 at 12:59 pm to iwasthere
We got ours in 7 days.
Posted on 2/20/13 at 1:02 pm to LSURussian
quote:
What is that?
Yeah, I'll be taking my time.
Posted on 2/20/13 at 1:09 pm to CoolHand
quote:
What is that?
quote:
I'll be taking my time
Our return was $357, so I'm okay with that number. We did a pretty good job of estimating this time around. My neighbor on the other hand figured he would be getting a refund, but it looks like he's going to owe between $5-6k.
Posted on 2/20/13 at 1:16 pm to Golfer
quote:Why was it flagged?
It all depends. Mine was flagged last year and reviewed by hand so it took 9 weeks.
Posted on 2/20/13 at 1:27 pm to MotorbikeMike
I got mine back in about five days. I've had clients get theirs back in about the same amount of time.
Posted on 2/20/13 at 1:31 pm to MotorbikeMike
When did you file your taxes?
Posted on 2/20/13 at 2:26 pm to MotorbikeMike
we filed on Feb 9th, and today i saw the federal deposit in the account
Posted on 2/20/13 at 8:55 pm to jojothetireguy
Mine took about 10 days
Posted on 2/20/13 at 9:06 pm to MotorbikeMike
I owe 6k this year and I'm sick about it.
Posted on 2/20/13 at 9:07 pm to I Love Bama
Ouch
Posted on 2/20/13 at 9:19 pm to Smokedawg
quote:
Why was it flagged?
According to my CPA (who is also my father) some e-filed returns are randomly pulled for human review vs. the standard computerized process.
It could have also had to do with the fact that in 2011 I got a refund from the IRS for overpayment on my 2006 return that we had been fighting for 3 years.
Posted on 2/21/13 at 9:32 am to I Love Bama
6k that has got to suck
Posted on 2/21/13 at 9:49 am to MOT
quote:
Mine took about 10 days
Same here.
Posted on 2/21/13 at 1:23 pm to MotorbikeMike
E-filed my return Saturday. Just checked the IRS web site and it tells me that my refund will be direct deposited on Monday, so that's eight days.
Posted on 2/22/13 at 8:56 pm to Layabout
Mine took 7 days to get to me
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