Questions tagged [income-tax-refund]
This tag is to be used for questions related to refund of income taxes from a tax authority. A country tag should also be specified along with this tag, as tax rules vary from region to region.
134
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3
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Can I buy I-bonds with my tax refund, as a non-resident?
I want to own American I bonds, but I'm not a US citizen/resident so I don't have a SSN (I live in Canada). As such, I can't just create a TreasuryDirect account and buy I bonds there.
Here's my plan:
...
- 133
1
vote
1
answer
39
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Deducting option trading losses for income tax filing
I am in India. Let's say I have an income for 25 lakhs and my losses in option trading for 10 lakhs. How to file ITR for the same? Will my losses in option can be carry forward for 8 years?
Suppose I ...
- 111
0
votes
2
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223
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Can I change my Permanent Address for taxes if I live in NYC for a year?
Suppose I am living in an Airbnb in NYC for a year but my permanent address is listed as being in another state. In TurboTax, is it okay to submit a change of address form since the federal tax return ...
3
votes
1
answer
145
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Is there a child credit refund for tax year 2022, or is it just a reduction in tax liability? (IRS 1040)
My tax software didn't show a refund for child credits on my IRS 1040 for tax year 2022 as it did in previous years. I paid foreign taxes and still the balance shows as zero instead of a refund.
I ...
- 468
4
votes
2
answers
539
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How best to record tax relief?
I contribute to a SIPP, and receive tax relief at the basic rate (HMRC adds 25% of the value of my contributions to it). I am wondering how best to record this in my books, and whether any accepted ...
- 343
12
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2
answers
3k
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How bad would a leaked tax return be?
If my entire tax return was somehow leaked, how bad would that be? What potentially harmful information is included other than my name and social security number?
- 1,399
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2
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443
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How to calculate interest on amount due with an amended return?
With my original TY2020 return I got a refund of about $5000. It turns out though that I missed some information and once I've amended it I owe about $1000 back (so the refund should have been $4000). ...
- 423
1
vote
1
answer
98
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What methods exist to verify if my tax return was received by the IRS?
I finished my taxes on February 15th. However, TurboTax had a bug that prevented e-filing. I waited until the 22nd, and when it still wasn't fixed I just mailed a paper copy of my taxes.
I started ...
- 2,871
0
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1
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140
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Life span of overpaid tax applied to next year?
Assuming tomorrow is the last day to claim a refund on my 2018 US federal income tax return, instead of asking for the "amount I overpaid" to be refunded to me, may I apply it to my 2019 ...
- 497
1
vote
0
answers
50
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Didn't receive tax refund due to incorrect account number
I requested the IRS to send my 2021 refund to two different accounts, in one of them it came through just fine. In the other, I wrote the wrong account # so it never came to me. (it's a vanguard ...
- 468
1
vote
0
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30
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Received child tax credit refund after owing federal taxes
I filed my taxes (married filing jointly) in early February and owed $2,075 in taxes on AGI of $160,750. I have 2 children (ages 6 and 8) who I claim as dependents.
We were issued 6 monthly payments ...
0
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1
answer
23
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US Income Tax: Continuing Education Deduction for New Job
I started a new job as a manager in September 2021. This was my first management job. In October 2021 I spent $52,000 on a continuing education course (executive education) focused on leadership. The ...
- 1,163
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1
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277
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H4 EAD, Married, wants to file tax separately. What would be implications on green card processing?
I am married and currently working full time on H4 EAD. Last year we filed tax jointly but each of us felt we received less returns than expected. Also the refund goes to my spouse's bank account ...
- 11
0
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1
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170
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Can I still get my 12k personal allowance back if I've lost it because of a bonus (total annual income over 100k)?
I am UK based and I had got a good bonus in April 2021 which tipped me over 100k, for example, let's say that's an annual incoming of 125k between April 2021 and April 2022 including the good bonus.
...
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2
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1
answer
50
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USA | Error in Online filling IL state income tax return
This question is relevant for people in USA only. I am trying to file Illinois state tax return online. I am a first time filer with Illinois (the system is supposed to work for first time filers.). ...
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1
answer
390
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Can a dependent based on 2020 taxes claim the 2021 Recovery Rebate Credit?
So I graduated college in 2021 and based on discussions with my parents they are not going to claim me as a dependent for the 2021 tax return, but they did for 2020 and 2019, I'm not sure which year ...
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6
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2
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658
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Does overpaying estimated taxes lead to loss of non-refundable tax credit?
Say:
My total fed tax liability is 60K.
I've made estimated payments of 65K. (keeping withholdings out of picture here for simplicity)
I'll expect a tax refund of 5K.
I also installed solar panels and ...
- 161
2
votes
0
answers
74
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Does a delayed refund suggest that an audit is likely?
My US federal tax refund is taking an unusually long time to be issued this year. I e-filed my return 3.5 months ago and the IRS Refund Status page just says it is "still being processed".
...
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0
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28
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How do I get tds refund when the processed ITR mentions 0 as tds refund? (India)
While filing itr the auto populated information showed that I am eligible for a refund but after the itr has been processed by the officer there is no indication of tax refund in the processed ITR.
...
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4
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1
answer
177
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What counts toward the tax free limit for pension contributions in the UK
I understand I can contribute up to 40k (or 100% of salary) in one financial year, and I will receive tax relief on these payments.
I was working on this assumption:
employer pension contributions + ...
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3
votes
1
answer
146
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Can one have prior years’ United States income tax refund carried over to later years?
Forms 1040 and 1040-NR allow overwithheld tax to be refunded via direct deposit onto a U.S. bank account or mailed as a check. However, there is a time limit for direct deposit. For example, see the ...
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3
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218
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Sharing tax return with wife?
My wife and I have been separated for nearly 2 years, but are still legally married and filed our tax return jointly.
All my income was on a W2, and totaled $140k. I had taxes withheld as normal, so ...
- 11
0
votes
1
answer
72
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State tax refunds for non-resident aliens and excess
According to the instructions for Form 1040-NR-EZ, tax payers must refer to Publication 525 to decide if any of the state tax refunds need to be listed as additional income in Line 4. Here, for Non-...
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3
votes
1
answer
581
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How to file a claim with the IRS on refund check not received
The IRS "Where's my refund?" site says they mailed a check a while back but we've yet to receive one.
Your refund was mailed on December 2, 2019. For information about how to file a claim because ...
- 133
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votes
4
answers
2k
views
When will I get my Federal refund if I file today, given the deadline has been extended to July 15th?
Due to the covid-19 pandemic, the Federal government has decided to extend its tax filing and payment deadline to July 15th. So, if I were to file today, will I get my refund check in the mail this ...
- 151
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1
answer
522
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Does federal tax refund check mail contain SSN or any personal information?
I lived in a residential apartment and someone took my federal tax-refund check mail and opened it. It's my first time to file federal tax return and I had no ideal what was in side that mail.
Does ...
0
votes
1
answer
78
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Where can I report my Social Security retirement benefit from form SSA-1042S in the form 1040NR?
I started receiving my retirement benefits from SSA last October 2019 after 2 years of processing time. They paid me a large sum corresponding to all months (25) of back pay and I received also my ...
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3
votes
4
answers
273
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How to get a refund from the IRS if taxes were over-withheld?
Here is my timeline:
I did not work in 2019 until Sept 23;
Sept 23, 2019 start a job with 36% of every paycheck withheld for tax;
Jan 10, 2020 got laid off;
Jan 15, 2020 got a partial paycheck ...
- 220
0
votes
0
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81
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Can't file 1098-T electronically on Turbotax or Credit Karma
Historically, I've been able to claim the American Opportunity Credit that would give a surplus refund of $1000 to help with school while being a full time student and not working
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2
votes
2
answers
93
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How to get refund with 1040X on amended 1040NR?
I forgot to claim standard deductions of $12000 (nonresident alien, for Indian students) on my 2018 1040NR. So I am filing a 1040X. For the incorrectly filed 1040NR I received a $600 refund, but in ...
5
votes
1
answer
2k
views
Is my tax return refund unsually late?
Around May this year (2019) I submitted a (late!) tax return for the 2017 fiscal year. I did so by generating the form with some tool, and then mailing it to the IRS office that was specified online. ...
- 153
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votes
1
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105
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What happens if the IRS owe me refund, but I file my taxes after the extension deadline of Oct 15?
What will happen if I overpaid the taxes on the extension form, but failed to file before Oct 15 deadline ?
Do I lose any of the refund ?
- 171
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0
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50
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IRS (USA) Form 843 - What if you missed the three year deadline to file?
I want to file 843 for a refund for my SS and Medicare taxes. I filed it on 3/30/2016. And it seems like I have missed the deadline [3/30/2019]. What are my options to claim the refund?
- 11
3
votes
1
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111
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Higher-rate Tax rebate on Pensions (UK)
Suppose you are a higerh rate Tax earner, and you pay into a monthly pension.
As per these questions:
Payroll pension contributions- UK higher rate tax relief
UK income tax relief on pension ...
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1
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1
answer
151
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How can I claim the tax while filing ITR2 in India on the Joining Bonus Recovered by the company?
I am a salaried person in India, so Indian Income Tax laws are applicable on me.
In the 1st financial year 2018, the company pays the joining bonus (in month: August 2018). The company includes the ...
- 11
2
votes
0
answers
79
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I filed a FICA return and sent it to the IRS, but my company sent me a W2C and also refunded the money. What should I do?
I am an F1 student <5 years in the USA and am eligible for FICA refunds.
I contacted my company and told them that I will be requesting the IRS for the FICA refund as I was very close to the last ...
- 21
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vote
1
answer
506
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Colorado 529 withdrawal income tax recapture and AOTC
In Colorado contributions to the state 529 plan are deductible from State income taxes. These income taxes are recaptured if a non qualified withdrawal from the plan is made.
My husband (the ...
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0
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0
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28
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Tax Refund after deadline [U.S.A] [duplicate]
I did not submit my tax refund copy this year until the deadline (earlier this month). I don't owe taxes, but I was getting some tax refunded to me. Is it possible to get the tax refund if you miss ...
- 101
2
votes
0
answers
2k
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Received a tax refund check after my business' checking account is closed and the entity's dissolved
I had an LLC and closed the LLC's checking account. Then the LLC was dissolved a few months back. A couple days ago, I found out that my business received a tax refund check two months ago, but I'm ...
- 121
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1
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75
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AMT credit against regular tax
I live in California. After having paid AMT for the last few years, this is the first year when my regular taxes are higher than AMT. This seems to mean I have accrued AMT credit over the last few ...
- 55
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2
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94
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Dependent filing taxes as Head of Household
Just wanted to know what would happen if my biological father filed taxes with himself as the head of household and me as a dependent and I file the taxes as the head of household with no dependents.
...
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2
votes
0
answers
37
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Portioning taxable state refunds when living and working in different states
I live in Indiana, but work in Illinois -- some of my job contracts are on-site in Illinois, and others are remote work. Last year, I received a taxable state refund from Illinois.
In my Schedule NR ...
- 277
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3
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215
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Deferring a W2 income to another year for tax return filing
I worked for 3 companies in two states. I moved to my current company on Dec 1, 2018. I got bonuses and sign-on bonus from all 3 companies (although I returned the sign-on bonus to one because I left ...
- 435
3
votes
2
answers
412
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Deutschland Einkommenssteuererklärung / Germany income tax return
I recently moved to Germany with my spouse and I started to work in November 2018. We got married before moving to Germany. We have both been assigned tax class IV. In my pay slips of November 2018 ...
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2
answers
404
views
Why do we pay taxes on something that we can later deduct from taxes?
I live in Germany and have been asking myself this for quite some time.
When I hire and pay a craftsman in Germany, I pay taxes. These taxes are paid by the craftsman to the state. At the end of the ...
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27
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5
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12k
views
How does the government shutdown affect tax returns?
Has a government shutdown in the past affected tax returns? In terms of refunds, is there anything to be expected differently based on historical precedent?
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1
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697
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Income taxes for sign-on bonus
I just joined a new company, and I'm in the US. As my first paycheck, I got my sign-on bonus and regular bi-weekly salary both in the same paycheck, summed together.
Does it make any difference in ...
- 435
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1
answer
125
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tax income - working less than 12 months
If I work less than a year (6 months) and I earn 26,000 per annum. However, I didn't work before, therefore in March the overall amount will be apox. 13,000. Am I entitled to the tax return as they ...
0
votes
1
answer
118
views
Will the IRS return some of the taxes imposed at a higher level than normal on a severance payment?
Say a former employer pays out a lump-sum severance, and say that payment has taxes withheld at a higher than normal rate. Will the difference between that tax amount and my regular payroll tax rate ...
- 125
4
votes
2
answers
2k
views
What do I do if an IRS check doesn't arrive?
We got a letter from the IRS stating that we get a substantial refund for a tax withholding.
However, the check never arrived even after waiting for a couple of months.
(On top of that: We live ...
- 337