The Internal Revenue Service said Wednesday it has almost $320,000 in undeliverable refund checks for 550 taxpayers in nine Southwest Pennsylvania counties. The IRS said taxpayers can obtain their refund by contacting the agency and correcting or updating their address. Most of the refunds due are...
Number. When he filed his taxes, he didn’t report the winnings that he got at the racetrack. Since betting is a form ofgambling, which is taxable, the IRS sent him anaudit notice. For the next four years, he owed taxes and didn’t get his first refund until the end of the ...
Part II is also where you report other refundable credits that don't have their own lines on Form 1040. Refundable credits are very similar to tax payments you made since they can get you a refund even if you don't owe any tax. The refundable credits on Schedule 3 include the: net ...
Who must file Form 3800 (and other forms for component credits)? Let’s now focus onForm 3800, which is used by small business owners, C corporations, and others to calculate the General Business Credit. So, if you want to claim any of the component credits that make up the Ge...
If the IRS does not accept your return because a return under your SSN has already been accepted by the IRS, ask yourself if you have already filed elsewhere or if you have data security concerns please visit: https://www.efile.com/tax-return-identity-theft-and-refund-fraud/ If you have...
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you may be asked to extend the statute of limitations date. This will allow you additional time to provide further documentation to support your position, request an appeal if you do not agree with the audit results, or to claim a tax refund or credit. It also allows the IRS time to com...
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5. Tax Deadline If you are expecting a tax refund, theApril Tax Day deadlineshould be of no concern to you as you would not face penalties if you miss the deadline. However, you will need to prepare your return and print it by October 15 as the IRS closes e-filing and thus online...
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