Do you want to know about the IRS refund status stimulus check? If so, you can read the explanation below about it according to some sources such as the Money site and Cnet site.
Tracking Refunds
According to the Money site, there is a Where’s My Refund tool on the IRS website and mobile app, IRS2Go. This tool can be used by you 24 hours after you e-file your return. If a paper return is filed, you will need to wait four weeks and maybe longer, before you are able to check the status of your refund.
When you want to track your refund, you have to know your Social Security number or Individual Taxpayer Identification Number, your filing status and the amount that you are expecting. The tool should show one of three statuses:
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- “return received”;
- “refund approved” or
- “refund sent”.
For your information, usually the information refreshes every night.
Where is My Refund and the Reasons Why It Is Taking So Long
There are some reasons why your refund is delayed. According to the Money site, a delay can happen if your return has errors, if you incorrectly calculated the Recovery Rebate Credit, if it’s not complete or if there is a fraud issue. On that site, it is also explained that your refund may also get caught up in processing at your bank, depending on its weekend and the schedules of holiday. On the Cnet site, here is a list of reasons why your income tax refund may be delayed.
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- It can happen because your tax return has errors.
- It can happen because it is not complete.
- It can happen because your refund is suspected of identity theft or fraud.
- It can happen because you filed for the earned income tax credit or additional child tax credit.
- It can happen because your return needs further review.
- It can happen because your return includes Form 8379, injured spouse allocation, which is able to take up to 14 weeks to process.
On Cnet, it is also explained that if the delay happens because of a necessary tax correction made to a recovery rebate credit, earned income tax or additional child tax credit claimed on your return, you will be sent an explanation by the IRS.
If you are looking for the fastest way, as explained on the Money site, IRS Commissioner Chuck Rettig said in a news release that if you file electronically with direct deposit, it is the quickest way to get refunds. He also said that it can help taxpayers more quickly receive any remaining stimulus payments they may be entitled to.
Let’s say that it has been more than three weeks since you e-filed your 2020 tax return and you still have not received anything or you may find that the Where’s My Refund tool tells you to contact the IRS. If so, according to the Money site, you are able to call 800-829-1040. The phone lines are available from Monday to Friday at 7 am to 7 pm local time. However, it is important for you to note that the IRS phone number for questions about stimulus check is different where the number is 800-919-9835.
The Third Stimulus Check and Your Tax Return
Here is the explanation about the third stimulus check and your tax refund according to the Money site. In your 2020 tax refund, there may be funds from the first and second rounds of direct aid. You may remember them as the $1,200 and $600 payments. However, it is explained on Money site that it will not have any stimulus money from the third, most recent round of stimulus checks. The reason is because those payments, in the amount of $1,400 per person, are an advance on a tax credit which is associated with the 2021 tax year. If you find that your third stimulus check amount was wrong, you need to wait until the IRS does its additional payment determination or plan to claim the Recovery Rebate Credit on your taxes next year.
Money That I Could Get with My Tax Refund This Year
According to the Cnet site, there are some things that are able to be tacked on to your tax refund this year. Let’s say that you overpaid your taxes in 2021. If so, you will receive that money back. However, if you are a parent, you may also get the rest of your child tax credit money and also a reimbursement for money that you spent on child care related expenses last year. Besides, let’s say that you are still missing your third stimulus payment. If so, you might receive that when you get your tax refund.
The Way to Use the IRS Where’s My Refund Tool
According to the Cnet site, here is how you can use the IRS Where’s My Refund Tool. You have to go to the Get Refund Status page and then enter your personal information. After that, you must press the Submit button. If you inserted your information correctly, you will be directed to a page which shows your refund status. However, if you entered the wrong information, you will be asked to verify your personal tax data and try again. Let’s say that all information looks right. If so, you will have to enter the date you filed your taxes with whether you filed electronically or on paper.
In the Where’s My Refund, there is information about the most recent tax refund that the IRS has on file in the past two years. It means that if you are searching for return information from previous years, you will have to check your IRS online account for more information.
In your own account, you can see the total amount you owe, key information about your most recent tax return, your payment history, notices you have received from the IRS and your address on file.
Using IRS2Go to Check The Status of Your Refund
IRS2Go is an IRS mobile app and it is available for iOS and Android. It can be used by you to check your tax refund status. This app is available in English and Spanish. In the mobile app, you are able to see whether your return has been received, approved or sent.
If you want to log in to the mobile app, you need your Social Security number, filing status and refund amount that you expect. If your return and refund are approved, you will get a personalized date by which to expect your money.
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On my daily job, I am a software engineer, programmer & computer technician. My passion is assembling PC hardware, studying Operating System and all things related to computers technology. I also love to make short films for YouTube as a producer. More at about me…
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