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"Refund due" refers to an amount of money that is owed back to a customer or client, typically as a result of overpayment, returned goods, or a service that was not satisfactorily provided. It indicates that the business or service provider is obligated to return this amount to the individual. This term is commonly used in financial statements, invoices, or customer service communications.

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12h ago

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Related Questions

What does a negative number on a balance mean?

There is a credit due back as a refund.


If you already have a payment arrangement with the IRS will they take your refund?

Yes, if you already have a payment arrangement with the IRS but have a refund due, they will take the refund. If you have a balance due, they will apply your tax refund to this balance.


Do i have to file my taxes by april 15 if i am due a refund?

You need to file by April 15th if you are due refund. However, you can ask for an extension.


Do you have to pay taxes by deadline if your getting a refund?

Not when you are due a refund you can file the 2009 tax year income tax return at any time within the next 3 years to claim any refund amount that you are due. After April 15, 2013 any refund that you may have been due will be lost and no longer available to you.


Do you get tax refund after bankruptcy discharge?

Depends on if your due a refund to start...and if it was taken from earnings before your filing or after.


If you file your taxes late can you still get a return?

Yes when you are due a refund you have up to 3 years from the due date of the income tax return to file your income tax return and get any refund that may be due. After that time period the refund amount is lost and no longer available to you.


Do you have to file an extension if no taxes are due?

No it is not necessary to file for an extension when no taxes are due or you would be due a refund.


What does Delayed tax refund due to code 1201 mean?

I'm not sure...but that code section deals with alternative minimum tax for corporations if that helps.


was the tax refund due for 2009 paid?

was the tax refund for 2009 paid. last word was that state was holding it up


If you're owed a refund in new york is there a penalty for late filing?

No penalty will be charged when you are due a refund and fail to do so.


Is there a fee for filing income taxes in Alabama late if you're owed a refund?

When you are due a refund and fail to file your income tax return to claim the refund amount that you are due they do not charge the penalty because if you fail to claim the amount it will eventually be lost.


What if you owe IRS but have a refund?

If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.