2024 IRS TAX REFUND UPDATE - NEW Refunds Approved, Amended Tax Returns, Delays, Adjusted Refunds скачать в хорошем качестве

2024 IRS TAX REFUND UPDATE - NEW Refunds Approved, Amended Tax Returns, Delays, Adjusted Refunds

On today’s IRS Tax refund update we will take a look at the latest developments including the next round of tax refunds scheduled for release this week and from there we will check in on the status of those amended tax returns and with more and more tax refunds finally being issued come additional reports of adjusted tax refunds with certain tax filers receiving refunds for much less than anticipated and in some cases now owing the IRS and from there we will recap step by step instructions for those who still do not know how to access those tax transcripts still experiencing delays. Starting off with the latest as the next round of tax refunds are scheduled for release on September 18th and 20th as confirmed by the tax transcripts seen here now if you have selected to receive your refund via direct deposit expect to receive that refund in your bank account by the refund date listed on the tax transcript however you must wait 5 additional days to receive it before initiating a payment trace meanwhile for those who opted to receive a paper refund check most will receive within 7 to 10 days of that posted refund date but you must allow 30 days for it to arrive in the mail before initiating a payment trace, and ss an additional reminder we are still receiving reports that not all refund status results on the IRS website are updating so it is important to check your tax transcripts to confirm you are part of the latest refund batch, and you must see an 846 refund issue code before your refund is scheduled to be released. Moving onto those tax refunds as we are receiving additional reports of those tax refunds finally being issued however more reports of viewers receiving adjusted refunds which are much lower than they originally anticipated and in some cases they have gone from expecting a tax refund to now owing the IRS, and there are several different reasons why this is occurring starting off with a problem that impacts millions of tax returns a year which is the tax return filed contains an entry error now the good news in most cases the IRS can auto correct the error and adjust the tax refund accordingly however depending on the error there could be a noticeable impact to that tax refund, meanwhile we have seen a number of refunds reduced due to past due child support owed and that is a regular occurrence we see yearly along with federal agency non tax debts now if you are impacted by this situation you are likely to see the credit transferred out line on your tax transcript as seen here. 0:00 Introduction 0:34 New Tax Refunds 1:30 Amended Returns 2:27 Adjusted Refunds 3:58 Tax Transcripts 7:47 Closing This video is under Fair Use: Copyright Disclaimer under Section 107 of the Copyright Act in 1976, Allowance is made for "Fair Use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright status that might otherwise be infringing. Disclaimer: This is for informational purposes only and is subject to change. Material provided should not be considered tax, accounting, or legal advice. Please consult a certified tax consultant for tax advice. #TaxRefund #IRS #News #Taxes #TaxReturn #Tax #Refund #TaxSeason #youtube #video #new #newvideo #breaking news