Tax Refund Returns

Tax Refund Returns

Question: How long does it really take to get an amended Tax Refund?

I filed my taxes about a month ago and already got my refund back. Hoewever, I didn’t claim my tuition and had to do an amended tax return. I couldn’t e-file the amended tax return so I had to mail it in. I did this about a week ago. I checked the IRS website and they said it could take anywhere 8-12 weeks to process amended returns. My question is, does it really take that long? Has anyone on here had to do that? How long did it take to get your refund?

Answer: I filed an amended return for 2008. I mailed it in on 12-28-09 and was quite surpised when I got my check for the amended return 6 weeks to the day. I had called the IRS to check on it at about 4 weeks and they had no record of it yet so I didn’t expect to receive it for a long time since they are into the current tax season. The man I spoke with said at least 12-16 weeks so there is hope!

IRS Plans to Stop Underwriting Tax-Refund Loans for Banks Over High Rates

The U.S. Internal Revenue Service said it will stop electronically underwriting Tax Refund Loans made by banks including HSBC Holdings Plc and Republic Bancorp Inc. that lawmakers and consumer groups say carry unfairly high interest rates.

IRS TAX TIPS: TOP RETURN MISTAKES (ASL, CAPTIONS & AUDIO)


Head Of Household On Tax Return

Head Of Household On Tax Return

Question: my husband and i filed head of household on our tax returns can we get in trouble when we file bankrupcy?

we were seperated in 2008 but now are together

Answer: If you weren’t together at any time between 7/1/08 and 12/31/08, and each of you had at least one child living with you and provided over half the cost of maintaining your household, then you could both file as head of household. If one of you didn’t meet those rules, then that person couldn’t file as HofH, even if that person claimed a child as a dependent but the child didn’t live with him or her over half the year.

Your filing status and bankrupcy are unrelated, but if one or both of you filed as HofH and didn’t qualify to, that person needs to amend their return.

FPI Overnight Brief

Obama administration officials fear that a move by Afghan President Hamid Karzai to assert control over U.S.-backed corruption investigations might provoke the biggest crisis in U.S.-Afghan relations since last year’s fraud-riddled election and could …

BRT (BIBLE READING TIME) Day18 – Matthew 10:8 & 31


Tax Filing Address

Tax Filing Address

Question: W-2 Form -tax question; address wrong?

Just received my w-2 form for filing taxes, and noticed that they put my employer’s address as my address. I usually file on the internet, will this be a problem at all?

Answer: It should not be a problem, just make sure to use your current address when you input your information , You might want to bring this to the employers attention to make sure it is corrected in the future.You will need to refile a W4 with the employer to make sure the change is input

Man indicted on charges he stole local resident’s identities to commit tax fraud

Arroyo Grande police officers say a local man accused stealing the identities of Central Coast residents has been arrested and charged in federal court. Officers say 62-year-old Grover Beach resident Neil Thomsen was arrested while crossing the border from Mexico into the United States at the San Ysidro Port back in June. He was charged with 34 counts of filing false claims for tax refunds in …

Tax Tips: Discover why refi or a drop in your home value can slash your mortgage interest deduction


Late Tax Return Filing

Late Tax Return Filing

Question: I am an American citizen and worked in Australia in 2002/2003, is it too late to file a tax return?

Would I have to contact my employers from that time to get tax information, like how much I payed and would they even have those records from 7 years ago?

Answer: Your employers will still be able to provide you with copies of your payment summary. The payment summary is the statement employers provide that lists the income you earned and the tax that was deducted. Give them a call or write to them and they should be able to provide this for you.

Your tax return can be filed on a paper form. To get a copy of the form, you will need to call the tax office. International callers can contact the Tax Office by phoning +61 2 6216 1111 between the hours of 8.00am to 5.00pm (Australian Eastern Standard Time or daylight-saving time) and ask for your call to be transferred to Personal Tax.

They probably wont be able to get a form for you from 2002/03, but they can provide you with a current form. If this happens, you will need to cross out any reference to the current financial year and write 2002/03 instead.

Midyear Tax Check: Organize Now, Save Later

Don’t let tax season catch you off guard.

Late Tax Filing penalties can be expensive – Here are tips on how to avoid IRS penalties & interest


Property Tax Refund Mn 2009