Just received 2022 tax refund!

[Tom57]

The IRS did something right! 2022 1040 was filed on 1/23/2023, accepted by IRS on 1/24/2023 and a refund was deposited in my checking account today 1/31/2023. Used Turbo Tax which was free for filing. Vanguard issued our 1099-Div on 1/23/2023. Earliest refund date ever.

[audreyh1]

Winner Winner Chicken Dinner!!

[kgtest]

Nice! I am still waiting on my K1 Worksheet which has now been pushed out to 2/9 from 2/2. BUT...I did file both my business returns transmitted on 1/22 and accepted on 1/24 like yours. So here is hoping that ACH hits my bank this week!

[erkevin]

What's a tax refund?

[rk911]

Quote:

Originally Posted by erkevin What's a tax refund?

after decades of "balance due" a refund is something that we're trying to adjust to.

[Guamaniac]

I'm jealous. I'm expecting a significant refund this year-bad planning?

Schwab says I'll get my 1099 when I get it! Ok they didn't say that-02/17.

[rk911]

Quote:

Originally Posted by Guamaniac I'm jealous. I'm expecting a significant refund this year-bad planning? Schwab says I'll get my 1099 when I get it! Ok they didn't say that-02/17.

maybe you're the upteenth person who asked. still, no excuse for rudeness.

[audreyh1]

Oh, took me a while - it was Schwab who was rude, but not really as they actually said 2/17.

[rk911]

Quote:

Originally Posted by audreyh1 Oh, took me a while - it was Schwab who was rude, but not really as they actually said 2/17.

yup, i waas referring to Schwab.

[gayl]

Quote:

Originally Posted by rk911 Quote: Originally Posted by Guamaniac ... Schwab says I'll get my 1099 when I get it! Ok they didn't say that-02/17. maybe you're the upteenth person who asked. still, no excuse for rudeness.

Did you actually ask, Guamaniac, or just see it on the website? It's easy to find. I found enough info in my December 2022 stmt to know I'm getting a 4 digit refund

[SunGuy]

I always invest my refund if any, into my new favorite stock.

[DrRoy]

I never have all my info until about mid-late Feb.

[FloridaJim57]

For the last two years, about five weeks after I file my return electronically I get a form letter from the IRS ordering me to mail them hard copies of all tax paperwork reflected in my return. About two weeks after doing this my refund appears in full in my checking account. What else can I think except that they are intentionally stalling my refund? Neither time did they challenge the return amount.

[HI Bill]

Quote:

Originally Posted by FloridaJim57 For the last two years, about five weeks after I file my return electronically I get a form letter from the IRS ordering me to mail them hard copies of all tax paperwork reflected in my return.

"Excessive" deductions? I've never had the IRS request anything, but my state did correct my return once and sent me an additional refund!

[copyright1997reloaded]

I consider it a success if I can get my taxes submitted on time (i.e. without requesting the automatic extension).

[wrigley]

Quote:

Originally Posted by Tom57 The IRS did something right! 2022 1040 was filed on 1/23/2023, accepted by IRS on 1/24/2023 and a refund was deposited in my checking account today 1/31/2023. Used Turbo Tax which was free for filing. Vanguard issued our 1099-Div on 1/23/2023. Earliest refund date ever.

Turbo tax charged you ZERO (for you to prepare your tax return) or ZERO to file your tax return electronically?

I recently prepared my son's taxes on-line with Turbo tax and they charged $78 to prepare the tax return but I was able to file for free. I thought the $78 was high.

Mike

[Koolau]

Quote:

Originally Posted by FloridaJim57 For the last two years, about five weeks after I file my return electronically I get a form letter from the IRS ordering me to mail them hard copies of all tax paperwork reflected in my return. About two weeks after doing this my refund appears in full in my checking account. What else can I think except that they are intentionally stalling my refund? Neither time did they challenge the return amount.

I've expected for years to get such an order but so far, only some minor corrections (both ways - their favor or mine.) We have a lot of charity deductions and I would think that would raise flags - but so far, we've been consistent which might be why they accept our figures. Also, the fact that we use a CPA may be involved but I don't really know. When the IRS gets another 80+ thousand auditors, I'll assume they'll bounce us to prove our deductions - which we can do. YMMV

[Bruno]

Still waiting on Tinker CU and Fido 1099. Tinker told me they mailed them 1/31/23 and usually takes 7-10 in mail. I told them i didnt know pony express was still an option. Fido not ready till after 2/11/23. NO big hurry with Roth conversions will be a pay year,

[Tom57]

Quote:

Originally Posted by wrigley Turbo tax charged you ZERO (for you to prepare your tax return) or ZERO to file your tax return electronically? I recently prepared my son's taxes on-line with Turbo tax and they charged $78 to prepare the tax return but I was able to file for free. I thought the $78 was high. Mike

TT charged me zero to prepare my federal tax return and zero to file my federal tax return electronically. I live in Nevada so there is no state income tax and thus no state income tax return. I have used Turbo Tax at zero cost for several years now. Before TT, I used another free tax return preparation and filing service online that I had found on the IRS website. I agree with you that paying TT $78 for your son's tax return was high.

[SonofCohoes]

If we’re due a refund I apply it to the next years taxes, my April quarterly will be met.