How can you track your 2022 missing refund?
- David Greene
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Every year I get several questions along the same line. The IRS recently reported that they have over $200 million in undelivered tax refunds. These are for more than 100,000 taxpayers. You may be one of them. The failure in…
What is Innocent Spouse relief in terms of IRS tax collections?
- David Greene
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In order to ascertain whether you are eligible for Innocent Spouse relief, we must look closely at the years in question. Were the unpaid returns filed as joint returns? You are responsible for taxes owed on any return you sign. …
Are tax refunds kept by the IRS if the taxpayer is in an Installment Agreement?
- David Greene
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Unfortunately, the IRS will take any refund to which you are otherwise entitled until your delinquent tax is paid in full. Since you are in the Installment Agreement, I suggest that you revisit your W-4 form and possibly adjust your…
Can one go to jail for not filing returns and can he receive refunds when filing delinquent returns?
- David Greene
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Let me answer your last question first. You will not go to jail for not filing under the situation you have described. You only go to jail for a criminal offense, such as fraudulently evading your tax obligation. If you…
Is there a penalty for a tax return filed late that shows a refund?
- David Greene
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Fortunately, the answer is “No.” If you are due a refund on your taxes and file the return after the filing deadline (July 15 this year), the IRS will not charge you a late filing penalty. This is because you…
Can one get a refund for a 2016 tax return filed after April 15, 2020?
- David Greene
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That is a very timely question right now. Because of COVID-19 the answer is different than it would have been without the impact of the pandemic. Generally, you must file a tax return within three years of its due date…
Can I get my tax refund if I owe back taxes?
- David Greene
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Unfortunately, the IRS will take any refund to which you are otherwise entitled until your delinquent tax is paid in full. Until your tax is paid in full, I suggest that you revisit your W-4 form and possibly adjust it…
Will you get your refund after filing delinquent tax returns?
- David Greene
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The answer is yes and no! I will assume that you owe no other taxes. If you do, any refund will go to reduce those taxes first. The IRS has a rule that you can only get a refund for the previous three…
Is the rumor that most refunds may be delayed for months this year true?
- David Greene
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This is one of several myths about refunds that seem to be circulating this year. It is indeed a myth. In truth, most refunds are sent out within 21 days of filing the return. To get your refunds faster, be…
How late can a taxpayer file a return and still get his refund?
- David Greene
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Last week we talked about a lost refund. This question presents a different problem. The answer to the question depends on when the return was filed. If, for instance, a 2012 return was filed before April 15, 2016 it just…