Correct. 2020 refunds with inaccurate RRC worksheets will cause a delay. I had one idiot who told me he did not get the $600 and I put that on the RRC filed Feb 20th. He gets his refund just last week reduced by $600. Now he will get that IRS nasty letter informing him he was mistaken. These folks should have saved the EIP1 and EIP2 notices.
Announcement
Collapse
No announcement yet.
irs refunds
Collapse
X
-
Originally posted by Lion View PostI'm on a couple other tax preparer boards and see a lot of this. February e-files seem to take a long time to process. 12 February seems to be the date most often mentioned."You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
Comment
-
Originally posted by ATSMAN View PostCorrect. 2020 refunds with inaccurate RRC worksheets will cause a delay. I had one idiot who told me he did not get the $600 and I put that on the RRC filed Feb 20th. He gets his refund just last week reduced by $600. Now he will get that IRS nasty letter informing him he was mistaken. These folks should have saved the EIP1 and EIP2 notices.
Wonder if the client would use the classification if you made a mistake with their return?Always cite your source for support to defend your opinion
Comment
-
Originally posted by TAXNJ View Post
Just think of the money you made from the “idiot”. Some clients misplace or do not keep some records. Therefore, may require more billable time (makes one happy) or send the clients to a different preparer.
Wonder if the client would use the classification if you made a mistake with their return?Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR
Comment
-
Originally posted by ATSMAN View Post
I think IRS simply corrects the return for EIP1 and EIP2 mistakes and either reduces the refund or a notice for balance due is issued. It is more of a nuisance for me when they call complaining. If for some reason a 1040X is required then there will be additional fee. Just yesterday another "idiot" thought he could hide a 1099-C from 2019 in the amount of 21,000. He got a tax notice and now is wondering if IRS will keep his family's EIP3???Last edited by TAXNJ; 04-18-2021, 01:55 PM.Always cite your source for support to defend your opinion
- Likes 1
Comment
-
Originally posted by ATSMAN View PostAnyone know a quick way to check the status of a 2019 tax return that was e-filed about 3 weeks back? The Where is my refund screen is only for 2020 tax returns right?
Comment
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment