02/14/2023
🚨🚨🚨: Before calling a preparer to inquire about the status of your return, read plz, and ty….
• Once a preparer has sent your return to IRS, they can no longer update you, on the return… You can however, contact IRS, track it online, or pull your transcripts, to more than likely, resolve any update issues….
•Tax preparers can only tell you if a return is received; once it has been accepted by the IRS, we no longer have access to any information concerning your return, and IRS will ONLY give it to the verified taxpayer…
•Where’s my refund updates once a day, usually on Wednesdays, and Saturdays: And Transcripts update once a week, usually on Tuesdays, and Fridays, depending on if your daily, or weekly…
•Daily’s receive Direct Deposits from IRS any day of the week, accept, Wednesdays, and Sundays: Weekly’s only receive a Direct Deposit on Wednesdays…
•Plz try to pull your transcripts first, before checking WMR: As transcripts update a day before the website does…
•If your transcripts are unavailable (saying N/A for 2022,) then yours ARE NOT done processing: if your Return Transcript & Record of Account transcripts are available, then your taxes are most likely done processing...
•If you received the Path Act message on WMR, this means, your refund is done processing, but by law you claimed either EIC/ACTC and by law, they CAN NOT issue a date for your refund, until after Feb. 15…,
•The Path freeze lifts at 11:59:59 pm, on Feb. 15: whereas, all frozen returns will go back into the processing queue, on the 16th and begin to see deposits dates: some EIC/ACTC returns may drop as early as, Feb. 17, 2023…
•You can only call IRS to research your return, if it’s been atleast 21 days from Acceptance: the IRS ask all taxpayers to allow upto 21 days for processing a return…
•To contact IRS, and speak to a live rep is easy: first dial 1-800-829-1040: then when prompted enter 1 for English, then 2, then 1, then 3, then 2, then hold to be transferred…
•Plz note, any major changes to your return, could result in an ID verify: IRS implements this feature, if they feel a return is at risk of identity theft, or fraud: once the taxpayer verifies their identity, their verification freeze is immediately lifted, and funds are usually disbursed within a week, or two…
•If anyone is still awaiting a 2021 return, I encourage you to call 1-800-830-5084, to make sure you don’t need to verify your identity: use letter 5071 C, when prompted..
•When filing a tax return, plz know your bracket allowances: Single- $12,400
Head of household- $24,000
Married filing Joint -$48,000
Married filing separate/Widowed- $12,400:
Anything over your tax bracket, (can and will,) be taxed by IRS, once you file and report the income…
•The money you make, vs the federal withholding you paid, determines your tax return: so if you’ve made over your tax bracket, and haven’t atleast paid out 10%, of it in taxes; please expect a low refund estimate… ultimately, you’ve received most of your income, during the year, because you claimed exemptions, without IRS taxing it, so they will definitely tax the refund..
•Make sure your I-9s are not claiming exemptions: this way the IRS takes all their taxes from your checks, and you see a decent refund, at the end of the season: You can always go to your HR department to update, or status check, your I-9…
Well I hope this helps answers, some of those stressful tax questions, for everyone…. And thanks to everyone!
