answersLogoWhite

0

In order to get the best refund, people should file their tax returns as early as possible.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

A customer returns 16 empty pop cans for refund The refund amount is 10 cents per can How much refund should the customer receive?

50


File Your Taxes Early?

If you want to receive a refund as soon as possible, then you should be sure to file as early as possible. When the IRS receives thousands of tax applications, there is a waiting period for people who want to receive their refund. If you file before the big rush, the IRS will have more time to send you a refund as soon as possible. Filing as early as possible in January will allow you to get a refund check in the mail within a week or so. If you wait until April, it may be months before you see a refund check.


Will I get a higher refund if I pay a tax professional instead of filing tax returns by myself?

If can confidently prepare your return in an accurate manner, then your refund shoud be the same as if you paid a professional to do it for you. One should consider that a professional charges a fee for this service which will take away from the overall refund.


Can I ask for a refund or to reprint another?

If there is a mistake in the way your card was printed, you should ask if it's possible to fix the error. If the error was not yours, then you have grounds to request a refund.


How should I file my return to ensure a rapid tax refund?

Filing tax returns online is the best possible way to get a speedy tax return. You can use many of the free tax return websites available online. However, those same free tax filling websites will charge you a small fee for your state tax returns.


From January 15 when the IRS starts processing refunds and returns when can you expect your refund to be deposited into your bank?

Depending on the date you file and your returns are accepted. If you filed on the 15th and your return was accepted you should expect your refund on Jan. 29th. http://www.irs.gov/pub/irs-pdf/p2043.pdf Here is the schedule. Hope this helps!


What should I do if TurboTax says my refund was accepted?

If TurboTax says your refund was accepted, you should expect to receive your refund soon. Keep an eye on your bank account or mailbox for the refund to arrive.


I haven't filed my taxes for 3 years. do I loose the child tax benefit for those past years or will I get a refund for them?

You should file your income tax returns if you qualify for any of the refund amounts and see what happens. You can file for a refund up to 3 years from the due date of the tax return and receive the amount of the refund that you qualify for after that period of time the refund is no longer available to you. For the 2006 tax year income tax return the last day to file and receive the refund amount would have been April 15 2010.


Why should some individuals file tax returns even though they are not required to?

There are 2 reasons that come to mind 1-To get a refund of any withheld taxes 2-You may need to show filed tax returns to qualify for a mortgage or other type of loan


How long does it take to get a state tax refund from Virginia?

Go to the Virginia web site and you should be be able to check on your refund at the web site. For further information, visit the Virginia Department of Taxation site or call 804-367-367-8031. File Tax Returns Online, Make a Payment Online, Where's my Refund? Click on the below Related Link


How much income do you need to be able to file for tax return?

Anyone can file a tax return. No income necessary. Just fill in zeroes. People with low income who have had tax withheld from their pay but are not required to file tax returns should do so anyway in order to get a refund.


When to File Taxes for a Faster Refund?

Many people file their taxes and happily find that they not only owe nothing to the government but that the government owes them money. They soon find themselves waiting impatiently for that money to get returned and often accuse the government of delaying on purpose. While it is easy to simply say that the government wants their money quickly but returns it slowly, this is simply not the case. One of the biggest factors behind the timing of a refund is when the paperwork was turned in. As the April 15th deadline approaches, more and more tax returns are filed. The number of total tax returns to process is well into the millions. This means that the Internal Revenue Service must process each of these one at a time and randomly audit them for accuracy. So anyone wondering where their money is, the answer is that it is still being processed. So what can an individual do to get their refund more quickly? There are a couple of options. The most popular option for getting a faster refund is the use of tax return loans. In this system a company pays an individual their expected tax return, for a fee, and redirects the refund to their company. This is a great way to get an instant refund but it will cost the taxpayer some of that refund. The IRS has also set up a system to allow for a direct deposit to be made into an account which reduces wait time by not forcing them to cut a physical check. However, the most effective method is to simply send in the tax return early. An individual that sends their tax return in as soon as it is legally allowed on January 1 will be among the first returns to be processed. Nobody should fear that their tax refund will not arrive. It may take it a while to show up but as long as taxes were filed correctly it will be issued. Everyone that is owed money should send in their returns as early in the year as possible to insure the government processes their payment early in the process.