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1040 Federal Refunds to Be Delayed for Some Taxpayers

Posted by Admin Posted on Oct 12 2016

 

Early filers eligible for the Earned Income Credit (EITC) or Additional Child Tax Credit (ACTC)  on their 2016 returns may experience a delay in receiving their refund.  A high percentage of fraudulent returns are submitted during the early days of tax season.  The IRS is implementing new measures to counteract this fraud.  As a result, refunds for early filers with the EITC and/or ACTC will be held until 2/15/17.   You can still file your returns early—just allow more time to received your anticipated refund if you are a very early filer.  Normal processing time is expected for all but the very early filers.

 


 

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