There’s no longer a Federal Tax Refund Calendar for checking
the status of your IRS refund. Now,
taxpayers who want to know the status of an IRS refund must log in with the IRS
website and receive an answer that’s drawn from the IRS database system, just
for them. It’s more accurate and you’ll
end up receiving more information in the long run.
But for a general all-purpose Federal Tax Refund Calendar
and to see a timeline, here’s what we’ve got.
Federal Tax Refund Calendar
E File Free Federal Taxes 2014
December 31 The
End of the Tax Year
January 1 Usually
you can start filing your federal income tax return by now
January 21 The
earliest that your IRS refund would be ready, on average
January 31 W2
statements are due from employers to employees
January 31
1099-INT due recipients
January 31
1099-MISC due to contractors
February 18
1099-MISC due if there are amounts in boxes 8 or 14
As you can see, some documents you’ll need in order to
prepare your income taxes are not even due to you until the end of
January. So even if you are able to file
your taxes on January 1, you should wait until you get your W2 and 1099
statements, if applicable.
1099-MISC is for when you did work as a contractor and not
as a regular employee somewhere.
1099-INT is for income you earned from the interest on your savings
account. W2s is the wage report from
your employer. The IRS gets a copy of
all these things, the same copy you’ll get in the mail. If you don’t wait for these tax statements
and use them to prepare your tax return, you may be filling in the wrong
amounts since you’ll be guessing what’s on them. The IRS will notice any discrepancies and
delay your IRS refund. So, you might as
well wait for your tax documents to arrive in the mail before you try to file
your federal income tax return.
IRS Tax Extension 2013
IRS Tax Extension 2013
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