ATLANTA – Taxpayers that claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) will have refunds held until February 15, 2017, says the IRS. As tax filing season approaches, the Internal Revenue Service is reminding taxpayers about steps they can take now to ensure smooth processing of their 2016 tax return and avoid a delay in getting their tax refund next year.
“As we approach the upcoming holidays we always caution and encourage taxpayers not to rely on getting a refund by a certain date, especially when making major purchases or paying bills,” said IRS Spokesman Mark Green.
The IRS reminds taxpayers to be sure they have all the documents they need, such as W-2s and 1099s, before filing a tax return. You may also need a copy of your 2015 tax return to make it easier to fill out a 2016 tax return. Beginning in 2017, taxpayers using a software product for the first time may need their Adjusted Gross Income amount from a prior tax return to verify their identity.