Returns are rejected if the IRS has information indicating the taxpayer has ACA coverage but the returns don't include forms that help determine whetherpremium tax creditspaid on the policyholder's behalf to insurers were correct. If their income was misstated by the rogue broker who enrolled them...
The IRS on Monday said that it will be updating its Where's My Refund tool to provide more detailed information to taxpayers. Previously, the site typically displayed a "generic message stating that their returns are still being processed and to check back later," the agency said. The updates...