Are you waiting for a federal tax refund? Be patient. Most taxpayers who e-file and choose direct deposit receive refunds they’re owed within 21 days. However, as a recent IRS Tax Tip explains, several things might delay it. These include errors, incomplete forms and identity theft. Also, if you require a correction to a Child Tax Credit (CTC) or Recovery Rebate Credit or have claimed an Earned Income Tax Credit or additional CTC, you may need to wait a bit longer. And returns with Form 8379, Injured Spouse Allocation, can take up to 14 weeks to process. Finally, the delay may be with your bank. Use the Where’s My Refund tool to track your refund’s progress: https://bit.ly/3KmSpG6 Call or visit our website for more information! www.mjscpa.com/
