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New in 2017: The IRS scrutinized income reporting before sending refunds
Starting in the 2017 filing season, the IRS started upfront matching of filed tax returns against Forms W-2 and Form 1099. These information statements show the income that taxpayers receive during the year.Here’s how the matching works:
The IRS receives the tax return like usual.
The IRS matches the return against Forms W-2 and/or Forms 1099 that the IRS has received.
If everything matches between the return and the information statements, the IRS releases the refund.
If the IRS finds a mismatch, the IRS freezes the refund and sends a notice to the taxpayer asking for more information to prove his or her income and withholding.
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