Where is my Tax Refund? What is the Processing Timeline?
If you recently filed your Form 1040 tax return, you are likely anxiously waiting for that refund check.
Unfortunately, for many taxpayers, they can find themselves waiting a long time to receive their tax refunds.
So, what is the reason for the delay?
Tax refund processing times are impacted by many variables, which include:
1. Did you paper file or electronically file the return?
2. Did you setup direct deposit to a US account, or request a paper check?
3. Did your direct deposit details use your personal accounts, or did you use a business account with a different name?
4. If you live abroad, did you have a paper check mailed to a foreign address?
5. Does your tax return contain child tax credits or earned income credits? These credits often warrant a closer review by the IRS, so it can delay your refunds.
Purchase our tax guides and tutorials here:
https://gumroad.com/jasondknott
https://www.udemy.com/user/jason-knott-2/
Check out our website for more posts:
https://www.lawofficesofjasonknott.com/blog/
Need more help? Schedule a consultation:
https://calendly.com/jason-knott
#IRS #TaxRefund #Form1040
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