When Irs Form 13844 Refunds 2024

Welcome back to the morning blend. According to a recent survey, nearly half of American taxpayers depend on the tax refund they get from the government. However, for some of us, those checks from the IRS may be delayed until mid to late February. Patricia Jocelyn joins us now from H&R Block to share more about these tax refund delays and what options we have when we depend on receiving money from the IRS. We want it back quick! Great to meet you. Thank you, nice to meet you too. Thanks for being here. Okay, so people are like "whoa" you know, as soon as they hear delay and getting that money there, they got to know what's going on. So let's start with what can cause a tax refund to be delayed. Is there something we can do about it right this minute? No, the IRS is actually involved in some serious due diligence when people are claiming credits like earned income additional child tax credit, American Opportunity Credit, to make sure the right person gets the right refund in the right amount, and that's just taking some time. So processing of refunds will begin in mid-February and people will start to see money in their bank account by late February. It is, however, a first-come first-served process, so if you file early, you're closer to the front of the line. Okay, is that about the earliest we've ever had refunds or in years past have we received them prior to mid-end of February? Years past refunds were issued much more quickly. However, in this area of tax fraud and lawbreakers at the tax desk, you need to have due diligence and make sure that the right money is going to the right people. Okay, so some of it...