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Super Contributor
Posts: 495
Registered: ‎09-12-2015

I just completed my Form 1040 on line at ezFile, thru free file on IRS.gov.   They say it will be filed when the IRS accepts the returns.  Since it's a refund, I'm hoping the government reopens soon and starts accepting the returns.

 

Anyone else concerned?  (I saw that Social Security checks will go out, but I'll believe it when the money is in my account.)

 

It's getting harder to keep the faith.

Honored Contributor
Posts: 9,305
Registered: ‎06-08-2016

@excpa wrote:

I just completed my Form 1040 on line at ezFile, thru free file on IRS.gov.   They say it will be filed when the IRS accepts the returns.  Since it's a refund, I'm hoping the government reopens soon and starts accepting the returns.

 

Anyone else concerned?  (I saw that Social Security checks will go out, but I'll believe it when the money is in my account.)

 

It's getting harder to keep the faith.


 

 

I'm probably out of the loop but why would the IRS accept returns before the end of the month?

 

Are you on SS?

 

I work and my employer won't send in the data to the IRS until the end of January. 

 

Are you concerned about the government shut down?  

Honored Contributor
Posts: 21,987
Registered: ‎10-25-2010

We are still waiting for everything needed to file our taxes.  I hope it gets here soon.  Some places wait until the last legal minute to sent it out.

 

We usually owe money, no matter how much we have taken out all year long.  In the few years where we did get a refund, we used it  to pay some of our real estate taxes due in the spring.

 

i wish our law makers would not get paid until they pass the budget. This would surely influence them to come to terms and pass something...and soon.

Honored Contributor
Posts: 21,987
Registered: ‎10-25-2010

@software. Normally the IRS would start accepting returns on Jan 29 this  year.  But, if the federal government is closed down, nothing will be processed until they are up and running again. Therefore, the refunds might be late...really late as things back up.

 

I am sure most people are concerned because people need that money and are counting on it.

Honored Contributor
Posts: 9,305
Registered: ‎06-08-2016

Re: Federal Income Tax

[ Edited ]

@Carmie wrote:

@software. Normally the IRS would start accepting returns on Jan 29 this  year.  But, if the federal government is closed down, nothing will be processed until they are up and running again. Therefore, the refunds might be late...really late as things back up.

 

I am sure most people are concerned because people need that money and are counting on it.


 

 

It's one of those things out of my hands.  

Shut down or not.

 

I do my part, and the government will do their part in due time.

That's just the way it is.

 

 

ETA the fact the IRS has opened the free file website, is probably a good sign.

Super Contributor
Posts: 495
Registered: ‎09-12-2015

@software  Yes, to all questions.  SS sent the 1099 last week and, when I went on line, I found all  those entities I was interested in had the info posted so I printed it out.  If you file early it makes it more difficult for someone to get your refund in a case of a mis-appropriated SSN.  There seem to be a lot more "security" features, with verification codes being sent.

 

Besides, filing early gets you your refund faster.  Last year I had my refund the first week of February.  I try to adjust withholding so that my refund is small.  I am having some difficulty working on 2018 withholding, for some reason. Man Embarassed

 

Esteemed Contributor
Posts: 5,319
Registered: ‎09-15-2016

Re: Federal Income Tax

[ Edited ]

@excpa Accepting Federal Tax returns for 2017 begins Jan 29, 2018. I haven't even received all my filing info yet so you are an early bird. I'm not worried at all for me but unhappy the Military will not be paid during the shutdown...that's so wrong.

Honored Contributor
Posts: 13,913
Registered: ‎03-10-2010

@excpa

 

SS check was received by me during the last shutdown, why would I think this time will be any different? I don't!

 

All the morons that made this decision should not get paid, period.  Not now or when this nonsense ends. 

 

As far as tax refund? I don't live that close to the vest, when it gets here it gets here. I have never and will never get too concerned about things which I have zip control over. Got more important things to occupy my mind and body.

 

Keeping the faith is a personal choice and I'll not mention mine here.

 

 

 

hckynut(john)

hckynut(john)
Honored Contributor
Posts: 8,929
Registered: ‎03-14-2010

I listened to a webinar last year about changes. They talked about changing deadlines for companies to submit forms. It seemed crazy that people were getting refunds before the 1099 forms were submitted to IRS.

Well apparently the new deadline for a shutdown is February 8. 

Respected Contributor
Posts: 3,327
Registered: ‎05-09-2016

Re: Federal Income Tax

[ Edited ]

Brokerage houses won't have 1099's for taxable accounts ready until mid-February so there's no point in me even thinking about taxes yet. I keep my files up to date throughout the year, so when I do get everything I need, I can just hand it off to my accountant and head south again. I haven't received a refund in years, and if I do, I just have it applied to my current estimated taxes, so I'm in no hurry to file anyway. 

~The more someone needs to brag about how wonderful, special, successful, wealthy or important they are, the greater the likelihood that it isn't true. ~