Where’s my tax refund?

Posted on: February 15th, 2012 by admin No Comments

Question: I filed my taxes a couple of weeks ago and still have not received my refund. What’s going on?

Answer: The IRS has had delays of tax refunds this year. The word is that they are testing the New e-file Modernization system and need to work the bugs out.  Eventually the system should allow taxpayers to get refunds by direct deposit in 2-3 days.

Those who do not have a bank account will have to wait longer than those filing electronically with a direct deposit, but the wait time will be significantly reduced from the current wait time, generally ranging from 10-21 days.

See the following links for more info:

http://www.irs.gov/newsroom/article/0,,id=251959,00.html?portlet=108

http://en.wikipedia.org/wiki/Customer_Account_Data_Engine

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