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It is important to know that you are not guaranteed a federal tax refund. If you believe you will receive a refund after filing your taxes, you can check your status about three days after you file to confirm whether or not your file was accepted or not from the IRS if you do it online or a couple of weeks if you mail it in. You can go to "where's my Refund" on the IRS website to track your refund as well. Refunds generally take longer to receive the closer to tax deadline (April 15th) as well.

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Q: What is important to know about federal tax refunds?
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Is federal income tax refunds taxable?

No. Federal tax refunds are not taxable. In some cases, state tax refunds are taxable.


How do you exempt tax refunds?

Exempt them from tax? Federal refunds were paid with after tax $ and aren't taxable..but they are reported. State ones are, as you got a deduction for them when paid. There is no option to exempt them.


Where can I recieve information on filing for federal tax refunds?

Most people file for their federal tax refunds from past year finances in the January to February period. You can file by submitting a request form to IRS.


Why are your state tax refunds taking so long to get back?

why is my federal tax check taking so long


When can a federal tax return be seized for debt?

Federal tax refunds can be seized by the IRS for tax arrearages without the normal legal procedures being used. Federal and state tax refunds can be seized by a state child enforcement agency for court ordered child support arrearages. Tax refunds cannot be seized for creditor debt, for example, a judgment for non payment of a credit card account. But, once the refund is placed in a bank account it can be subject to levy by a judgment creditor. The Federal Government can also offset your federal tax refund to pay a student loan debt.


Do you have to report federal tax refunds as income?

No. Refunds are portions of your income which were already reported but were nontaxable. You do not have to report any income more than once.


Do you have to report federal tax refunds as income the next year?

No. Refunds are part of your income which you already reported. You do not have to report any income more than once.


Which websites carry details on federal refunds?

The best place to find information about federal refunds available to individuals is at the internal revenue website: www.irs.com. They will have complete information on tax credits and programs available for the individual.


Does your tax refund get taken by MA dor due to back child support?

Most likely. Just about every state will intercept federal and state income tax refunds for child support arrears.


When will the federal tax rebate checks come?

As of June 2014, the United States is not sending out any federal tax rebate checks. The IRS sends our refunds within 6 weeks of filing your taxes.


Where can I learn about a fed tax refund?

A Federal Tax Refund is when the government refunds you the extra money you paid for your tax. You can easily get someone to help you do it, or you can use TurboTax (online) to help you get your refund.


Can medical bills be taken from federal tax refund?

It is unlikely that a tax refund would be garnished for past due medical bills. Generally refunds can only be garnished for certain things, and medical bills really aren't one. Tax refunds are garnished in instances of: child support arrearages past due federal tax past due state income tax unpaid federal student loans government program repayments However, if you deposit it into an account that they have the right to garnish, the funds lose their identity as a tax refund.