What is the name of your state? Florida
I filed my taxes using Turbo Tax just like I have done for many years now. I finished my taxes and filed them on Feb. 2nd. My estimated refund deposit was supposed to be between Feb. 9th through the 12th.
Long story short, my refund has been held up. After many emails and websites and phone calls I finally got to speak to someone from the IRS, who said that 72,000 tax refunds were being held up because people were filing too early. This sounded very strange to me. You would think something like that would have made the news or something. However, she also said it could be any number of things and when she pulled it up she said they wanted more information on the income I reported and my tax credits. I was told I would be getting a letter by March 12th. I asked her could this be happening because I just got divorced in October and she said that was a good possibility.
The letter arrive today, exactly March 12th. In it says
"We have received your income tax return and are holding your refund until we complete a more thorough review. This review is a part of an ongoing program the IRS conducts to ensure the accuracy of return information. Your return was selected because we are reviewing:
Income you reported on your return
Income tax withholding amounts you reported on your return
Claims for tax credits you made on your return and/or
Business income you reported on your return.
We will hold your refund until we finish our review. You are not required to send us anything at this time. If you have not received your refund or been contacted by us within 3 weeks of the date of this notice, you may call us at the number provided above. Limited third party contacts may be made to determine the correctness of certain return information. Once our review is completed we may send you your refund, ask you for additional information or clarification of items on your return, or deny your refund. If you do not agree with our decision, you will have a chance to appeal."
What I dont understand is that I had one W-2. I had not worked for about 15 months before I got this job but I held the same job for 14 years prior to that. So it isnt like I had a lot of stuff to put down. I made just over 14,000 dollars last year. Thats it. I also have one dependent. And according to Turbo Tax I qualified for a tax credit because I didnt make much last year.
Am I in trouble?! I have never had this happen before. I am really getting kind of scared.
I filed my taxes using Turbo Tax just like I have done for many years now. I finished my taxes and filed them on Feb. 2nd. My estimated refund deposit was supposed to be between Feb. 9th through the 12th.
Long story short, my refund has been held up. After many emails and websites and phone calls I finally got to speak to someone from the IRS, who said that 72,000 tax refunds were being held up because people were filing too early. This sounded very strange to me. You would think something like that would have made the news or something. However, she also said it could be any number of things and when she pulled it up she said they wanted more information on the income I reported and my tax credits. I was told I would be getting a letter by March 12th. I asked her could this be happening because I just got divorced in October and she said that was a good possibility.
The letter arrive today, exactly March 12th. In it says
"We have received your income tax return and are holding your refund until we complete a more thorough review. This review is a part of an ongoing program the IRS conducts to ensure the accuracy of return information. Your return was selected because we are reviewing:
Income you reported on your return
Income tax withholding amounts you reported on your return
Claims for tax credits you made on your return and/or
Business income you reported on your return.
We will hold your refund until we finish our review. You are not required to send us anything at this time. If you have not received your refund or been contacted by us within 3 weeks of the date of this notice, you may call us at the number provided above. Limited third party contacts may be made to determine the correctness of certain return information. Once our review is completed we may send you your refund, ask you for additional information or clarification of items on your return, or deny your refund. If you do not agree with our decision, you will have a chance to appeal."
What I dont understand is that I had one W-2. I had not worked for about 15 months before I got this job but I held the same job for 14 years prior to that. So it isnt like I had a lot of stuff to put down. I made just over 14,000 dollars last year. Thats it. I also have one dependent. And according to Turbo Tax I qualified for a tax credit because I didnt make much last year.
Am I in trouble?! I have never had this happen before. I am really getting kind of scared.
