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ANOTHER tax credit question

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JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

ANOTHER tax credit question

So, we closed on 4/19/10 I sent my acct the HUD paperwork, she sent it in Thursday 4/22/10 to the IRS. She filled out the 1040X. so, realistically how long am I going to be waiting for this $8000. I would LOVE some new furniture and don't want to charge it. Anyone have hope for me?

TIA

Posted 5/27/10 5:10 PM
 
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SummerMom
Now a mom of 2!

Member since 6/07

4970 total posts

Name:

Re: ANOTHER tax credit question

We bought our house this year and filed our taxes in early March. We sent in an amendment to our return the next day to get our $8000. Still waiting. It's been 2 and a half months.

Posted 5/27/10 5:26 PM
 

Nik211
my little monkey<3

Member since 5/08

3303 total posts

Name:
Nik

Re: ANOTHER tax credit question

mine got disallowed b/c the irs is stupid and i had to send in a letter and all paperwork proving we didn't own a previous house...total PIA...they told us to wait another 6 weeks after receiving the second set of paperwork...

most people i know had no issues and got theirs right away

Posted 5/27/10 5:46 PM
 

SummerMom
Now a mom of 2!

Member since 6/07

4970 total posts

Name:

Re: ANOTHER tax credit question

From the IRS web site:

"The normal processing time for amended returns is approximately 8-12 weeks. Recent changes to the tax law have resulted and will continue to result in larger than normal volumes of amended returns. This increased volume has increased our processing time to 12-16 weeks. It is not necessary for you to follow-up with the IRS regarding your amended return if you are within these time frames. "

UGGHHHH. So it can take up to 4 months!

Message edited 5/27/2010 6:01:28 PM.

Posted 5/27/10 5:57 PM
 

JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

Re: ANOTHER tax credit question

Oh fudge!Chat Icon

Posted 5/28/10 9:19 AM
 

lisa0807
LIF Adolescent

Member since 4/10

572 total posts

Name:
Lisa

Re: ANOTHER tax credit question

We filed our taxes at the end of February and we are STILL waiting...
Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 5/28/10 9:45 AM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: ANOTHER tax credit question

amended returns can take a lot longer then originally filed returns. the irs is stating that original returns filed asking for the credit on average takes 3 months. but they don't say for amended.

I sent my original end of march and I got the $ I think 5 weeks later. but amended could take a lot longer Chat Icon sorry.

keep checking on it though. go to IRS.gov click on wheres my refund

you will need the primary filers ss# usually your DH's you need to know if you filed married filing jointly, or married filing single, and you will need to know the exact refund amount due. then it will give you the status of it. if they say its being processed and not to check back for at least another week, you don't have to listen to them. check back as often as you want. it will tell you when your check is going to be mailed.

Posted 5/28/10 10:06 AM
 

MrsRitaB
Love of my life! <3

Member since 4/10

4669 total posts

Name:
Ri

Re: ANOTHER tax credit question

i think mine took 5-6 weeks

Posted 5/28/10 10:13 AM
 

jmf423
:)

Member since 5/05

6372 total posts

Name:

Re: ANOTHER tax credit question

mine is taking forever....we sent it in 3/28 and the website says we should receive it 6/4

Posted 5/28/10 10:17 AM
 

JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

Re: ANOTHER tax credit question

Posted by jmf423

mine is taking forever....we sent it in 3/28 and the website says we should receive it 6/4[/QUOTE/]


Ours was ammened. So, when I check the site it says we should have gotten our refund. (which we did, just not the $8000 credit)

Posted 5/28/10 10:22 AM
 

SummerMom
Now a mom of 2!

Member since 6/07

4970 total posts

Name:

Re: ANOTHER tax credit question

After all my whining yesterday, I got a letter in the mail from the IRS today! My $8K is being deposited within two weeks! Chat Icon Chat Icon Chat Icon Chat Icon

If I'm remembering correctly, it took 10 weeks to get this letter (from the time I sent in my amended return).

Posted 5/28/10 5:00 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: ANOTHER tax credit question

do you enter in the amount of your refund ie: 8000 (in my case 6500)? or that amount PLUS the original file amount? assuming that was 1500 + 6500 = 8000 is that what i would enter?

Posted 5/28/10 10:38 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: ANOTHER tax credit question

my damn tax dude better have sent in the ammendment. i'll kill him!
Chat Icon

we did our taxes the week after superbowl. that's february... still nothing?!?!!? GRRRRR....

Posted 5/28/10 10:41 PM
 

Xelindrya
Mommy's little YouTube Star!

Member since 8/05

14470 total posts

Name:
Veronica

Re: ANOTHER tax credit question

I went after my closing on Thursday.. They said 12-14weeks

Also they are sending back some of the requests for further info. At least two forms of verification of the new address and the mortgage recap.

So we're sending 5 forms of proof as soon as we get our driver's licenses (just to be safe) and the HUD and our mortgage recap, plus the amendment.

Still they say 12-14weeks baring any new changes/requirements that may come up.

Message edited 5/29/2010 1:03:37 AM.

Posted 5/29/10 1:00 AM
 
 

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