Is there a Problem with Income tax refunds this year?
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I heard, probably stupid, rumors that we may not get refunds? Anyone have any answers?
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on Saturday, July 10th, 2010 at 6:23 am and is filed under Tax Attorney.
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You’re correct. Nothing but stupid rumors. If you’re entitled to a refund, you will receive it on time.
you will get a return just like you do every year
Unless our government suddenly collapses or is taken over by a military coup, we will of course get income tax refunds. All a refund is, is extra money that you paid in taxes throughout the year. For instance, if you had $5000 taken out of your paychecks for taxes over the course of the year, and when you completed your tax return you found out that you really owed $4000 in taxes, that means you will get a $1000 refund check.
Now, if you meant the stimulus check, so far there are no plans for a new round of checks this year.
There is no issue.
This is yet to be determined. I don’t think this is true.
You said it – they’re stupid rumors. Don’t worry about it. If you have a refund coming, you’ll get it.