If you are expecting a tax refund, you might want to read this: After I filed my Federal & State taxes, I learned about this the hard way! Please read and be informed.
So last week I finally filed my Federal & State tax returns for 2011. As usual I e-filed online for free using Tax Turbo (one of the better tax software programs out there if you ask me).
After entering my W-2 and all my other important information (tax credits, car taxes, education tuition and etc) the total refund amount was displayed. Well, after you complete your taxes and submit then you have to wait at least 24-48 to receive an email saying the IRS has “accepted” your return. We’ll, the next day I got that email without any problems.
Normally if you e-file you can expect your refund in 7-14 days. However, three days later I decided to go online to the IRS website at http://www.irs.gov/ to check the status of my refund. When I clicked the link “Where’s My Refund” and confirmed all my information they told me they had no record of me filing my taxes and to contact the IRS.
At that moment my heart dropped! I had all kinds of thoughts going on in my head, I really wanted to say “what the hell you mean they don’t have a record“. So I brushed it off and thought maybe they just haven’t updated the system yet.
So for the next three days I kept trying and kept getting the same message. At that point I became concerned.
So this morning on my way to work Downtown DC I was in the car listening to The Steve Harvey Morning Show. I heard on the radio that apparently the IRS has been experiencing issues with their “Where’s My Refund” database.
Whew! Boy was I relieved. The IRS is the one government agency I was not trying to have problems with. So after much research online here’s what they say the problem is.
Where’s your tax refund? The IRS can’t say
The refund-tracking tool on the agency’s website is not reflecting the status of returns that have been filed. The problem is with the website tool, and refunds have not been delayed.
Except that now it isn’t working.
Do not panic if you go to check on your refund and the IRS appears to have no record of your return. Those who file are still receiving their refunds within 10 to 21 days.
The problem is not with your refund, but merely with the IRS computer setup that gives you the status of your refund.
The IRS emphasizes that if you filed electronically and you received an acknowledgement of your filing, the agency has NOT lost your refund and you should not call to check on it. [source]
I thought I would share this with you all incase any of you have been having the same issue. Just don’t panic like I did….Your money is still on the way as they say! LOL