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Is there a Problem with Income tax refunds this year?
I heard, probably stupid, rumors that we may not get refunds? Anyone have any answers?
6 Answers
- Bostonian In MOLv 71 decade agoFavorite Answer
You're correct. Nothing but stupid rumors. If you're entitled to a refund, you will receive it on time.
- jellybeanchickLv 71 decade ago
Unless our government suddenly collapses or is taken over by a military coup, we will of course get income tax refunds. All a refund is, is extra money that you paid in taxes throughout the year. For instance, if you had $5000 taken out of your paychecks for taxes over the course of the year, and when you completed your tax return you found out that you really owed $4000 in taxes, that means you will get a $1000 refund check.
Now, if you meant the stimulus check, so far there are no plans for a new round of checks this year.
- JudyLv 71 decade ago
You said it - they're stupid rumors. Don't worry about it. If you have a refund coming, you'll get it.
- xtraheavy01Lv 51 decade ago
This is yet to be determined. I don't think this is true.
Source(s): I prepare income taxes