TaxAudit Blog

Tag: refund

Direct Deposit written on a piece of paper

IRS CP53 and 53A letters are issued because the IRS was unable to issue your refund by direct deposit. There are several reasons why this may occur.

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Woman Reading Letter

IRS Letter 105C notifies you that the IRS did not allow the credit or refund you claimed. Usually, Letter 105C will explain why your claim was disallowed.

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Woman Reading Letter

An IRS CP16 typically informs you that the IRS believes a miscalculation or other error was made on your return, and they have adjusted your refund.

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Person mailing letter

A CP75D is issued when the IRS needs you to verify your income and/or withholding. This could affect whether you receive a refund or owe the IRS additional tax.

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Refund check laying on top of a $100 bill

An IRS Notice CP32A is informing you that your refund check has not been claimed. To resolve this notice, you must call to request a new refund check.

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Graphic of arrows going one way and then reversing

A tax refund offset can indeed be reversed – but it is not a simple matter. It would be much better for taxpayers to prevent the offset from happening.

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Woman and Man drinking coffee

The Department of Treasury is authorized by the U.S. tax code to withhold part or all of a taxpayer’s Federal tax refund to pay past-due debt of $25 or more.

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Tax Refund button on a keyboard

A tax refund offset occurs when the Federal Government’s Treasury Offset Program withholds part or all of an expected Federal tax refund to pay past-due debt.

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Woman looking at tax paperwork

A CP30 notice is sent to inform you that your anticipated refund has been reduced. The IRS will outline why your refund was reduced and list the new amount.

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Woman opening letter

IRS letter CP13 states a miscalculation was made on your tax return and that you do not owe any additional tax, but you will no longer be receiving a refund.

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IRS check with money surrounding it and 1040 form

A large tax refund alone will not necessarily generate a tax audit, but if the reason why you received a large refund is questionable the IRS may peek closely.

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Tax Refund and Stack of Money Drawing in a Notebook

Now that you have received a notice from the IRS, you want to know if you are still going to get your tax refund. The answer is – maybe. Ler's explore more.

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refund written with blocks

If the IRS is taking your refund, sometimes you need a qualified tax professional who understands IRS collection procedures to intercede on your behalf.

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Tax Refund

You received an IRS Notice CP12 because the IRS corrected one or more mistakes they believe were made on your tax return. What do you need to do?

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Tax Refund Ahead Sign

One of the best ways to check the status of your refund is on the IRS website. Your tax professional may also be able to give you a timeframe for your refund.

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Tax Refund written on notepad

Most CP05 letters will not require immediate action on your part. Generally, the IRS does their review within the timeframe noted, and the refund is released.

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Tax Refund Check

If you owe the IRS back taxes, don’t start spending your refund before it arrives. The IRS can levy or take your refund and apply it to your tax debt.

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Tax Refund Check and 1040

You can call the IRS to see if your refund has been flagged for garnishment. Then you can reach out to set up a payment plan − if warranted.

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Top half of a clock drawn on a chalkboard with the word 'TAX' written above it.

The IRS’s  “Where’s My Refund” app should be your first your first destination to find out the status of your refund.

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Money being handed over

While increasing allowances leaves you with more available funds throughout the year, it will have a rippling effect and your tax refund will decrease.

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Internal Revenue Service sign next to traffic light

Returns are being processed, and refunds are being issued. Things seem back to normal.

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Man distressed with tax bill

If you are facing an unexpected tax bill, here are some things to keep in mind. The IRS offers multiple payment options.

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Tax Credits written on a Sticky Note

This may seem like a strange question, but with over 1.1 billion dollars of unclaimed money at stake, it's a question worth asking.

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Tax Time

The IRS has some quick and helpful tips for those who are anxious to get their yearly tax filing out of the way.

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Calculator that says Tax Help? on top of 1040 tax forms

How long does it take to get my refund if I e-filed my taxes? It seems like I should have received it by now.

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Earned Income Credit

The Earned Income Tax Credit is available to workers who earn $52,427 or less from wages or self–employment.

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Refund Check

There could be a number of reasons for a delayed refund. The IRS may be eliminating the possibility of identity theft, or it is possible a tax audit is pending.

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Clock pointing the time hands towards the word TAX

You got your return filed on time and you’ve got a nice big refund coming. But the funds don’t show up in your bank account when you expected them to. Now what?

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Cube with Tax words on written on it

A refund is NOT a bonus and a balance due is NOT a penalty. When you began working, you filled out a W-4 stating how many exemptions you wanted.

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SmartPhone with Apps

The IRS just announced a new version of their mobile app, IRS2Go. You can use the app to track your refund status and more.

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This blog does not provide legal, financial, accounting, or tax advice. The content on this blog is “as is” and carries no warranties. TaxAudit does not warrant or guarantee the accuracy, reliability, and completeness of the content of this blog. Content may become out of date as tax laws change. TaxAudit may, but has no obligation to monitor or respond to comments.