IRS Tax Help Questions – Answers you are looking for
There are many tax help questions when it comes to issuing taxpayer’s refunds. So you should make yourself familiar with the facts then you are sure you do what you can to get your refund on time.
Can I still get a tax refund for the current year if I am in a payment plan for last year’s taxes?
It is not possible to get your refund if you owe past-due amounts to the IRS. This concerns Federal Tax, State Tax, a Student Loan, or Child Support. The IRS will routinely apply the refund to the debt that you owe. And if the refund doesn’t take care of debt, it means you need to go on paying on it.
Can I get a new refund check if I lost one?
Yes. In order to do so you should call the IRS and ask for a new one. Next you complete Form 3911 “Taxpayer Statement Regarding Refund.” They will typically send the replacement within six to eight weeks.
What is a split refund?
A split refund allows you split your refund and deposit the funds in up to three different accounts. This means you are allowed to allocate your refund to your checking AND your savings accounts. It solves the trouble if you would like to move part of your refund to the other account later.
How do I split my refund?
You just need to fill in and attach Form 8888 “Direct Deposit of Refund to More Than One Account” to your Tax Return. Tell the IRS how much and to which of your accounts you want your refund deposited.
You have to be careful about errors on your tax returns. Check if you included the correct name, address, and telephone number. Small issues like that can lead to long delays with your Tax Return.