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Tax Refunds

Tax refunds refer to the amount returned to the taxpayer after the taxing authority determines that the actual tax paid is greater than the tax liability. Taxpayers can usually avail of the refund at the end of every financial year.

3,013 Questions

How long does expedia take to refund money?

Expedia typically processes refunds within 5 to 7 business days after the cancellation of a booking. However, the actual time it takes for the funds to reflect in your account can vary depending on your bank or credit card provider, which may take an additional 3 to 5 business days. For flight bookings, the refund timeline can sometimes be longer, especially if the airline takes time to process the refund. It’s always a good idea to check your Expedia account or contact their customer service for specific inquiries regarding your refund status.

10c refund at collection depots when sold in SA?

In South Africa, a 10-cent refund is offered at collection depots for consumers who return certain beverage containers, such as plastic and glass bottles. This initiative is part of the country's recycling efforts to encourage responsible disposal and reduce waste. By providing a financial incentive, it aims to promote environmental sustainability and increase recycling rates. Consumers are encouraged to return their containers to designated depots to receive their refund.

What are the characteristics of sound system tax in Ethiopia?

In Ethiopia, the sound system tax is characterized by its focus on regulating the entertainment industry, particularly live music and sound production. This tax aims to generate revenue while ensuring compliance with licensing and safety standards for sound equipment. It often applies to businesses and individuals operating sound systems for events, clubs, and other venues. Additionally, the tax structure can vary by region, reflecting local governance and economic conditions.

Who gives the biggest finical aid refund check?

The size of financial aid refund checks can vary widely depending on the institution, the type of aid received, and individual circumstances. Generally, students attending colleges with substantial endowments or those that offer generous financial aid packages may receive larger refund checks. Federal and state financial aid programs, along with scholarships, also play a significant role in determining the total amount refunded to students. Ultimately, it’s best to consult with your specific college's financial aid office for detailed information regarding refund checks.

What does IRS ref code 1341 really mean?

IRS reference code 1341 indicates a claim for a refund related to a prior year's tax liability, often due to a tax deduction or credit that was later found to be incorrect. This typically occurs when a taxpayer receives a refund for tax paid in a previous year, leading them to recalculate their tax liability. Taxpayers may use this code when filing to explain the nature of the refund claim and how it affects their current tax situation. It's important to provide the necessary documentation to support the claim.

What will happen if I don't file my 1099?

If you don't file your 1099 when required, you may face penalties from the IRS, which can include fines based on the duration of the delay. Additionally, failing to report income associated with a 1099 could lead to further scrutiny of your tax returns and potential audits. It's important to file on time to avoid complications and ensure compliance with tax laws.

Why did I get a refund check from Gannett Shared Service Center?

You likely received a refund check from Gannett Shared Service Center due to an overpayment, an adjustment to your account, or a refund for a service or subscription you no longer use. It could also be related to a billing error or a promotional credit being issued. To get specific details, you may want to review any recent communications from Gannett or contact their customer service for clarification.

What type of company is h and r block?

H&R Block is a tax preparation company that offers a range of financial services, primarily focused on helping individuals and businesses file their taxes. Founded in 1955, it provides in-person tax assistance at its retail locations, as well as online tax filing solutions and software. The company also offers related services such as bookkeeping, payroll, and financial advice. H&R Block is known for its commitment to making tax preparation accessible and straightforward for its clients.

Do employers receive paperwork on employees who file taxes?

Yes, employers typically receive paperwork related to employees who file taxes, specifically in the form of W-2 forms, which report an employee's annual wages and the taxes withheld. Employers are required to provide this form to their employees by the end of January each year, and they also submit copies to the IRS. This ensures that the income reported by employees matches the information on file with the tax authorities.

How long does it take to get a state tax refund in phoenix AZ?

In Phoenix, Arizona, the time it takes to receive a state tax refund typically ranges from 2 to 14 weeks, depending on how you filed your return. E-filing and choosing direct deposit usually expedite the process, while paper returns may take longer to process. It's advisable to check the Arizona Department of Revenue's website for specific updates on your refund status.

When does is Kansas start receiving tax refunds?

In Kansas, tax refunds typically begin to be issued after the state processes individual income tax returns, which usually starts in mid to late January. Refunds are generally processed within a few weeks of filing, but the exact timeline can vary based on when the return is filed and whether it is submitted electronically or via paper. Taxpayers can check the status of their refund on the Kansas Department of Revenue website.

What does IRS reference number 102 mean?

IRS reference number 102 typically indicates a specific issue related to the IRS and can often be associated with the determination of a tax-exempt status for organizations. It might appear in correspondence from the IRS, particularly in relation to applications for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. For precise details, it is advisable to consult IRS documentation or contact the IRS directly, as reference numbers can vary in meaning depending on the context.

What is IRS treasury 310 tax refund?

IRS Treasury 310 is a transaction code used by the U.S. Department of the Treasury to indicate a direct deposit of a tax refund into a taxpayer's bank account. It appears on bank statements when the IRS processes a refund, typically following the submission of a tax return. The "310" code specifically signifies that the deposit is related to tax refunds, making it easily identifiable for taxpayers.

Can your refund be deposited in another persons bank?

Typically, a tax refund must be issued to the account in the name of the taxpayer. However, if you are filing a joint return or have authorized someone else to receive the refund on your behalf, it may be possible to deposit it into their account. Always check with the tax authority or your tax preparer for specific regulations regarding refunds.

How is a certificate of deposit account taxed in the UK?

In the UK, interest earned on a Certificate of Deposit (CD) is subject to income tax. However, individuals benefit from a Personal Savings Allowance, which allows basic rate taxpayers to earn up to £1,000 and higher rate taxpayers up to £500 in interest tax-free. Any interest exceeding this allowance is taxed at the individual's applicable income tax rate. It's important to note that interest from CDs is typically paid gross, meaning tax is not deducted at source, and individuals are responsible for declaring it on their tax returns if necessary.

Did I receive a stimulus check and if so when in the year 2009?

Yes, you likely received a stimulus check in 2009 if you were eligible under the Economic Stimulus Act of 2008. These checks were distributed primarily in mid-2008, but there were additional payments in 2009 as part of the American Recovery and Reinvestment Act. If you filed your taxes for 2007 or 2008, you would have received the check based on your income and filing status. For specific details, you can check your tax records or bank statements from that time.

How long state taxes take if you do a direct deposit in Maine?

In Maine, state tax refunds issued through direct deposit typically take about 2 to 4 weeks to process after the state receives your tax return. However, processing times can vary based on factors such as the volume of returns filed and any potential issues with your return. It's advisable to check the Maine Revenue Services website for the most current information and any updates regarding processing times.

When will NJ tax freeze rebate checks be mailed out?

New Jersey's tax rebate checks, part of the Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program, were scheduled to be mailed out starting in late May 2023. Homeowners and renters who applied for the rebate can expect to receive their checks throughout the summer. Exact mailing dates may vary based on individual circumstances, so it's advisable to check the New Jersey Division of Taxation website for the most current information.

Can a creditor take IRS refund?

Yes, a creditor can potentially take an IRS refund, but this usually depends on the nature of the debt. For example, if the debt is related to unpaid taxes, child support, or federal student loans, the IRS can offset the refund to satisfy those debts. However, for private creditors, they would typically need to obtain a court judgment to garnish the refund. It's important to consult with a legal professional for specific cases.

How long does it take Maryland to process a tax return?

In Maryland, the processing time for a tax return typically ranges from 4 to 8 weeks if filed electronically, and it may take longer for paper returns. Delays can occur during peak filing periods or if there are errors or additional reviews needed. Taxpayers can check the status of their return online for more specific updates.

Irs holding refund for 60 days?

When the IRS holds a tax refund for up to 60 days, it typically indicates that they need additional time to review the tax return for accuracy or to verify certain information, such as identity or income. This delay can occur due to various reasons, including discrepancies in reported income or if the return is flagged for further scrutiny. If you're affected, the IRS will usually notify you by mail. It's advisable to check the status of your refund through the IRS website or by calling their service line for more information.

How long does it take the refund to be put on a intuit turbo card?

Refunds to an Intuit Turbo Card typically take 1 to 5 business days to process after the IRS has issued the refund. However, the exact timing can vary based on the bank's processing time and other factors. It's advisable to check your Turbo Card balance or account for updates during this period. If there are delays beyond this timeframe, contacting customer support may provide more specific information.

Where to cash tax refund in Syracuse?

In Syracuse, you can cash your tax refund at various locations. Options include local banks and credit unions where you have an account, as they can provide immediate access to funds. Additionally, check with major retail chains or check-cashing services, which often offer tax refund cashing. Always ensure you have valid identification and any necessary documents.

Can you donate your tax refund to the national debt?

Yes, you can choose to donate your tax refund to help reduce the national debt in the United States. The IRS provides an option on your tax return form where you can indicate that you want to contribute all or part of your refund to the "Debt Reduction" fund. This donation is voluntary and can help support federal efforts to pay down the national debt, although it is a relatively small amount compared to overall government borrowing.

What is the IRS reference number 1081?

The IRS reference number 1081 typically pertains to specific tax-related issues or notices, particularly concerning the reporting of certain tax liabilities or compliance matters. It's often associated with guidance or requirements for tax professionals and taxpayers. For detailed information on what this specific reference number entails, it's best to consult the IRS website or a tax professional, as the context can vary based on the situation.