The Internal Revenue Service reminds taxpayers, as the holiday is approaching, that some refunds are going to be delayed until mid-February in 2017. Those who expect to claim Earned Income Tax Credit or Additional Child Tax Credit must expect their entire refund, even those not related to EITC and ACTC, until at least February 15.
IRS Commissioner John Koskinen said, “We want people to be aware of the change for their planning purposes during the holidays. He further noted that they do not want to surprise taxpayers if they didn’t get refunds on time they expect it. On the other hand, most refunds are claimable within the usual set period– less than 21 days after acceptance and process. To check refund status, you can access Where’s My Refund? tool or IRS2Go app.
The IRS, state tax agencies and industry partners, moreover, have finalized plans to improve protection against identity theft and tax refund fraud. Additional layer of protection will rollout in 2017 filing season. IRS Commissioner John Koskinen said, “These increased security screenings are invisible to most taxpayers… But we want people to be aware we are taking additional steps to protect taxpayers from identity theft, and that sometimes means the real taxpayers face a slight delay in their refunds.”