[Lee]

Amex Serve did deposits Friday evening

[Lee]

https://www.irs.gov/individuals/get-transcript

To view your transcripts click on the above link, if you have never registered before, you will need to register and wait 5 to 10 days to receive an access code in the mail otherwise I believe they will mail them to you, you can also call the IRS number on the link to have them mailed.

[Lee]

This may help some of you guys understand what’s really going on and no it’s not Obama’s fault he wasn’t in charge when either thing happened. In previous years though the IRS would go ahead and process returns that could be processed and if there was an income issue or an insurance issue they would request information at a later date and or send you a bill with penalties for filing an incorrect return.
.https://www.cbpp.org/research/federal-tax/verifying-incomes-of-all-eitc-filers-would-delay-refunds-raise-costs-divert-irs

Also currently there is no acting director for the IRS there is only an interim director and he was the assistant director to the person who retired in November and so he’s basically performing both jobs

[Lee]

UPDATE
Filed 2/23/2018
Accepted 2/23/2018
Taxact
Ctxc
EIC

Transcript updated at 6am tgis morning with code 846 direct deposit date of 3/14/2018, WMR still at 1 bar however I know that, that will update on Saturday.

Guess we can throw the old time frame for claims processing and updates especially if you’re claiming ctXc AND or EIC or self-employed

Good luck everyone

[Lee]

For everyone that filed anytime since the IRS started accepting tax returns I have good news and bad news or it can all be bad news depending on how you look at it.

In September 2017 the House Budget Committee passed a bill requiring the IRS to perform audits or “quasi-audits” on all income tax returns that claim either the child tax credit or earned income credit or both, yes all estimated 28 million tac returns are being looked at line by line and checked for accuracy and income.

Any tax returns that doesn’t pass the initial inspection gets processed but held back for further review, income verification or I’D verification, those that do will be processed and issued.

What this means is this they’re utilizing every single day of the 21 day process that they can we can throw everything we experienced in previous years out the window.

Oh plus they cut the It’s spending budget, and it has no acting commissioner and the interim director is currently performing both duties.

If you would like to read more about it here’s the link
https://www.cbpp.org/research/federal-tax/verifying-incomes-of-all-eitc-filers-would-delay-refunds-raise-costs-divert-irs

[Author]

Replies