Filers Could See Delayed Refunds


Tax filers claiming the Earned Income Tax Credit could see delayed refunds. Ditto for taxpayers claiming the Refundable Child Tax Credit. The IRS is mandated by law to wait until February 15 before sending out refunds to these filers. IRS now says folks claiming these two credits will have to wait an extra two weeks, until the week of February 27, before the refunds are deposited into their bank accounts. For individuals who don't choose direct deposit, the wait will be even longer.

Tags: 2016, refund


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