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Posted

So ATX is still "testing" MN forms, so we can't e-file until 2/13, which is awfully late for low income folks waiting on refunds.  Hopefully they're using that date to give themselves a cushion, and it's won't really be that long.  But what a pain!  I dread having to tell clients that.
Anyone else running into that issue with your states?

Posted

If they're low income to the point of EIC &/or have CTC: The Protecting Americans from Tax Hikes (PATH) Act requires the IRS to hold refunds for taxpayers who claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until after February 14, in order to prevent tax fraud. The IRS expects most EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards by March 3 if they chose direct deposit and there are no other issues with their tax return.

Otherwise, you have a teaching moment about w/h and can be a hero by helping your clients get more in their take-home pay.

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Posted

Not really a withholding issue for most people, it's due to state tax credits, and a change in the way we handle one in particular.  So I shouldn't be surprised, I suppose, but it's frustrating.  And like Judy says, maybe it's the state.

 

Posted

CA forms are a little later than normal this year.   I have a few returns stacking up for e-file waiting for forms approval.   These are usually ready by the efile start date.   I am thinking the fires in SoCal may have something to do with late CA forms, but you never know.

Tom
Longview, TX

Posted
4 hours ago, BulldogTom said:

CA forms are a little later than normal this year.   I have a few returns stacking up for e-file waiting for forms approval.   These are usually ready by the efile start date.   I am thinking the fires in SoCal may have something to do with late CA forms, but you never know.

And now I am up and filing.   Just a day or 2 later than normal efile start.

Tom
Longview, TX

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