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Technically, this is an IRS audit. Learn how to handle an IRS audit. The IRS can use this information to question the accuracy of tax returns and delay potential tax refunds. If your return has discrepancies or a missing reconciliation of the advance payments of the premium tax credit, the IRS can request more information from you to process your return Letter 12C , or even begin an audit to charge you penalties for not having required insurance coverage.

After you file your return, the IRS may challenge your reporting of insurance coverage if it conflicts with Forms the IRS has on file. The only way to fix this issue and get your refund is to file the past-due return. If you owe taxes on the old return, the IRS will take that amount out of your current-year refund. Learn how to handle back tax returns. The IRS can delay your tax refund until it completes any audits.

If you respond with the requested information by the deadline, the IRS will generally finish the audit within six months and can release your refund. This can be a daunting task because refund holds can feel like audits. Best course: If you get a notice from the IRS about your refund hold, immediately investigate the cause. After you understand more about why the IRS delayed your tax refund, and how to respond to the IRS, do so right away to avoid further problems.

The IRS has the authority to take or hold your tax refund if they think your return isn't accurate and in other situations as well. Ever wondered if the IRS can take your paycheck, get your financial information or call you directly? The length of time it will take to resolve your tax problem depends on the type of issue and the complexity. Didn't get your expected tax refund?

This link is to make the transition more convenient for you. Amended returns fall into this category. For that reason, TAS will not accept new cases solely involving the processing of an individual or business amended return.

TAS will continue to monitor IRS developments in amended return processing and will reevaluate this determination as the situation changes. We recognize that many taxpayers whose amended returns the IRS has not processed have been waiting for their refunds for months.

Some are experiencing financial hardships and desperately need the funds. Most are confused, frustrated, and concerned that the delay may mean they did something wrong. Taxpayers can use the tool to track the status of their return. This tool is available on IRS. One caveat — the tool cannot provide the status of amended returns with a foreign address, business tax amended returns, carryback applications, and amended returns processed by a specialized unit.

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New workplaces, new food sources, new medicine--even an entirely new economic system. In a rare display of transparency this week, the Taxpayer Advocate Service TAS outlined various logistical problems that have caused substantial delays for its team of advocates, who are tasked with helping taxpayers resolve issues with the Internal Revenue Service.

On top of dealing with personal, medical, and financial challenges brought on by COVID, taxpayers have struggled to get advice and answers from the IRS, and millions of refunds are still pending.



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