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Tax time question about e-filing

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Tax time question about e-filing

Old 04-16-2014, 04:58 PM
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Default Tax time question about e-filing

My accountant who is very good, e-filed my LLC and my personal return on 3/24. I have a large refund coming as I sent the gov a lot of money in the 1st half of the year, then virtually no income for 3rd and 4th qtr. I way overpaid.

I took some deductions but nothing wild or a red flag, my acct would never let me do that.

Questions:
1. If an acct files, does he get an acceptance or rejection right away? Within a day or two?
2. I am now 3 weeks and no refund, IRS site offers only "still processing".
3. Am I correct that at this point they go ahead and pay and if they have problems with your deductions, it comes later in the form of an audit?


Thanks for reading.....I don't want to bother him, he tells me everything still looks fine and they are just slow....
Old 04-16-2014, 05:30 PM
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We get either an "acceptance Acknowledgment" or a "rejection"

Means nothing as far as audit if delayed refund, the "wheres my refund" is a total POS last couple years.

If it says "processing" that means it has at least been accepted and your refund will come shortly

They used (IRS) have a specific chart that if your return was accepted this day your would get your refund DD or mailed a certain day but due to the recent issues with identity theft they had to start making refunds more random


I am sure if you have a large refund it could be a delay, but then again not sure what you consider a large refund.. I see several every year in the $15-20K range and they come out like clock work

Also if yours is based on Ext Tax payments that can also delay somewhat from what I have seen
Old 04-16-2014, 05:31 PM
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Thanks so much...WMR seems to be trash.....refund is only 8900.....
Old 04-16-2014, 05:33 PM
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All an accepted return means is basically a few things

1-Last names and SS numbers all match

2-none of the SS #'s on return have been claimed on another return (see this a lot with teens and college students done by mistake on their own and caused parents to file paper return)

3-all EIN numbers match on W-2's, 1099R's etc

You are correct audit's run a year or so behind
Old 04-16-2014, 05:35 PM
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Originally Posted by tprice View Post
All an accepted return means is basically a few things

1-Last names and SS numbers all match

2-none of the SS #'s on return have been claimed on another return (see this a lot with teens and college students done by mistake on their own and caused parents to file paper return)

3-all EIN numbers match on W-2's, 1099R's etc

You are correct audit's run a year or so behind
Yup
Old 04-16-2014, 05:41 PM
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I'm wondering if the "still processing" has to do with when you filed. I'm assuming you filed close to the April 15th deadline=Flood of filings.

I filed in early February got the confirmation within 2-3 days and had my refund in about two weeks flat. I had a large refund as well.

I file as soon as all my documents are ready as I'm paranoid about all of the IRS identity thefts. Happened to a coworker of mine last year and it took FOREVER to get it resolved.
Old 04-16-2014, 05:51 PM
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Originally Posted by easy_e View Post
I'm wondering if the "still processing" has to do with when you filed. I'm assuming you filed close to the April 15th deadline=Flood of filings.

I filed in early February got the confirmation within 2-3 days and had my refund in about two weeks flat. I had a large refund as well.

I file as soon as all my documents are ready as I'm paranoid about all of the IRS identity thefts. Happened to a coworker of mine last year and it took FOREVER to get it resolved.
filed 3/24, when things were ramping up for my acct...and in general...
Old 04-16-2014, 08:05 PM
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Refund?? What is that?
Old 04-16-2014, 08:40 PM
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3/24 refunds should have been received by now
Old 04-16-2014, 10:21 PM
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I e-filed 6 returns including family members. All were accepted within 2 hours. Never had one come back "processing" before.
Old 04-17-2014, 05:11 AM
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Originally Posted by round2it View Post
I e-filed 6 returns including family members. All were accepted within 2 hours. Never had one come back "processing" before.

He is talking about there IRS "wheres my refund" site, not the actual process itself
Old 04-17-2014, 05:14 AM
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Originally Posted by LongIslandFisherman View Post
3/24 refunds should have been received by now
Not really, should be close but we have seen a lot run behind, like I said they are staggering refund delivery dates now and I assume that if refund is over a certain amount that may cause something else to happen


Did you do DD or mailed refund
Old 04-17-2014, 05:42 AM
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Originally Posted by tprice View Post

Did you do DD or mailed refund
Just saw this thread. This is the key. 3 weeks is about right for a refund by check. Direct Deposit is much quicker.
Old 04-17-2014, 05:50 AM
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E-filed my return on 4/7. In fifteen minutes I had an email saying that it was accepted by the IRS. Checked the status on the IRS site for a couple of days and saw that my refund was processed and would be direct deposited into my checking account on 4/16. On the morning of 4/16 it was there. Nine days in total.
Old 04-17-2014, 06:05 AM
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Originally Posted by jack14 View Post
E-filed my return on 4/7. In fifteen minutes I had an email saying that it was accepted by the IRS. Checked the status on the IRS site for a couple of days and saw that my refund was processed and would be direct deposited into my checking account on 4/16. On the morning of 4/16 it was there. Nine days in total.
Yes saw a lot of them within a week this year, DD is the way to go but still lot of folks like to get refunds in the mail
Old 04-17-2014, 06:15 AM
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Originally Posted by Deeper Tog View Post
Refund?? What is that?
I call it my Ghetto savings plan
Old 04-17-2014, 07:07 AM
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I e-filed at 11:45PM on 4/15 (no refund), and received an irs acceptance email yesterday afternoon.
Old 04-17-2014, 07:53 AM
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Originally Posted by Deeper Tog View Post
Refund?? What is that?
It's when they give you back the money you let the Government borrow, interest free, for some length of time during the year.
Old 04-17-2014, 03:40 PM
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Originally Posted by tprice View Post
He is talking about there IRS "wheres my refund" site, not the actual process itself
Quite the difference in what I was thinking.
Old 04-17-2014, 03:54 PM
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Was e-filed on 3/24 with the DD option - all DD acct#'s on the e-file doc are correct

still "your return is still being processed- a date will be provided when avail" on WMR this morning....not too concerned about getting it I'm sure its coming from what you guys are saying. I would hope if there was something missing or they needed something else, either my CPA or me would have received something by now...as I understand it, WMR would tell you that, correct?

have no idea if this matters but this was a "married but filing seperately" type - wife did not file until 4/10 or so...

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