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Tax refund shenannigans
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Major Woody
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Joined: December 04, 2002
Posts: 9010
Location: Portland, OR
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PostPosted: Tue Mar 26, 2013 1:30 pm    Post subject: Re: Tax refund shenannigans Reply with quote
EverettB wrote:
shiningstar76 wrote:
Anyone else's refund status "processing" for what seems like an eternity? Mine has been in this status for over three weeks.


This means they found something wrong.
Good luck in prison!
Very Happy

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shiningstar76
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Joined: July 12, 2003
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Location: Savannah
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PostPosted: Wed Mar 27, 2013 8:24 am    Post subject: Reply with quote
Well, I called our friends at the IRS. It turns out that THEIR computer system is having trouble processing any return that includes the 2007 homebuyers credit. So, my refund will be delayed an additional 4-6 weeks. Nice.
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ach60 Premium Member
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Joined: May 14, 2001
Posts: 4139
Location: Santa Maria
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PostPosted: Thu Mar 28, 2013 2:05 am    Post subject: Reply with quote
Quote:
What's a refund?


That's where you loaned the government money, interest free!
I look at taxes paid so far, though the year, and adjust as required,
so I owe them, not they owe me.
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timo78
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PostPosted: Thu Mar 28, 2013 9:47 pm    Post subject: Reply with quote
A big 0 is what I want back, or maybe pay a little. Get a good tax guy that can help identify as many exemptions as you can claim legitimately, and put those onto your W4. My tax guy/wiz states 9 is the magic number where the IRS scrutinizes exemptions.
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