Filed 2/6 with TT , Still being processed , I owe student loan , Help!

Home Forums General Discussion 2018 Tax Season Filed 2/6 with TT , Still being processed , I owe student loan , Help!

  • This topic has 2 replies, 1 voice, and was last updated 7 years ago by MRL.
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  • #4230632
    Frankie

      Hey guys so I filed with TT on 2/6/18 accepted same day , it says “still being processed, date provided when available” no topics or anything.

      I have a defaulted student loan from 7 years ago but when I call offset line, there is no offset under my social.

      Turbo Tax still says full amount still but nothing change.

      Will I get my refund still? Anyone in similar boat? Can they find out my offset last minute or have they taken it away already? My student loan is more than my refund so shouldn’t they tell my amount?

      Some assistance plz!

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      • #4232488
        MRL

          In my experience, if the tax offset line didn’t list an offset, I got the entire refund amount. When I did have an offset, the tax offset line stated that I did, and the offset was taken from my refund.
          I had student loan in default and called the offset line quite often to check. Never did they offset for anything that wasn’t listed when I called.
          You may have found your answer already with your refund being sent to you. If at all possible, get your student loan out of default. I consolidated my student loans and currently have them on an Income driven repayment plan. Just a suggestion, takes nothing more than some paperwork and a bit of time but not having to stress every tax season is well worth it!

        • #4230645
          Nitra

            The difference between “still being processed” and “being processed” is that being processed still guarantees the standard 21 day refund process whereas, seeing “still being processed… a date will be provided when available” does not guarantee a refund within the usual 21 day time frame.

            Additional to the above messages; some people report still have the amount of refund listed on the side where others do not. My best guess is that people with amounts still listed may have received this message due to issues not related to a possible change of the refund amount such as needing to I’d verify. While those with a missing amount may have a hold regarding possible changes to the amount of the refund such as offsets, credits, w2 etc.

            This is most likely due to not passing initial screening check done by the computer resulting in a manual check by an irs agent which can confirm nothings wrong or adjust as necessary.

            This does not mean you can’t get your refund sooner even with offsets, it’s simply saying prepare yourself in the event it takes longer to process.

            You have a couple of options regarding offsets.
            1. You can call the department of education to reference the debt and possibly make payment arrangements which you’ve already done.

            2. Your tax advocate can petition on your behalf for information.
            3. You can call the irs directly and state that you received a letter which will prompt an inquiry into your account.
            4. You can request a online or mailed Copy of your transcripts and research your account status via the codes provided.
            5. Keep calling offset line as it updates every 24hrs and does not include state or federal debt, so if owe the state or federal due to discrepancies in past years returns you will need to call the IRS directly.

            Information on the web supports the theory that people who have received this message “ still being processed….a date will be provided when available.”

            May have been flagged due to a simple random I’d verification, offsets, mismatched information, claiming self-employment credits, or waiting for w2 verification none of which should drastically delay your refund.

            For most the wait and the not knowing precisely the issue is the cause of frustration. Taking the above actions can at least prevent the feeling of helplessness and give you some peace of mind.

            Hope this helps, I’m not a tax professional, I’m just like you stressed and patiently waiting.

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