2024 IRS TAX REFUND UPDATE - NEW Refunds Approved, Tax Delays, Refund Assistance, Transcripts

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  • Опубліковано 28 лип 2024
  • On today’s IRS tax refund update we will take a look at the latest developments including the next round of tax refunds scheduled for release this week and from there we will recap some of the top causes of those ongoing tax refund delays many of you are experiencing as well as possible solutions as well as what happens if your direct deposit tax refund is sent to the wrong or closed bank account. Starting out with the latest as the next round of tax refunds is scheduled for release on June 26th as confirmed by the tax transcript seen here, now if you are part of this latest refund batch while most will receive that direct deposit refund post to their bank accounts on June 26th do allow up to 5 additional days for it to post to your bank account before initiating a payment trace with the IRS, also as an additional reminder not all refund status results will update so it is important to check your tax transcripts for the most up to date information available in regards to your tax return and refund processing. Moving onto some of the top reasons behind those tax refund delays that have impacted tax filers including many of our viewers over the course of the last several months include the most commonly reported issue is that of an entry error or what the IRS considers a math error, where the tax filer has accidentally entered a wrong amount on a tax return now that is such a common occurrence that just two years ago over 17 million tax returns contained some sort of error that needed additional action by the IRS to be resolved, and it could be something as simple as just 1 single digit being off on the tax return in question. Another problem impacting some who have had their tax refunds released is the direct deposit refund was sent to a closed bank account, or the bank account listed on the tax return was incorrect, and if you are among those impacted by this you are likely to receive a an 841 refund cancelled code on your tax transcript which means the refund in question was returned back to the IRS as not deliverable, and at which point the IRS will mail out to you as a paper check usually within 4 to 6 weeks of receiving it back
    0:00 Introduction
    0:21 New Refunds
    0:55 Tax Delays
    2:57 Refund Assistance
    3:30 Refund Cancelled
    4:17 Closing
    This video is under Fair Use: Copyright Disclaimer under Section 107 of the Copyright Act in 1976, Allowance is made for "Fair Use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright status that might otherwise be infringing.
    Disclaimer: This is for informational purposes only and is subject to change. Material provided should not be considered tax, accounting, or legal advice. Please consult a certified tax consultant for tax advice.
    #TaxRefund #IRS #News #Taxes #TaxReturn #Tax #Refund #TaxSeason #youtube #video #new #newvideo #breaking news

КОМЕНТАРІ • 55

  • @hasinahislam8663
    @hasinahislam8663 Місяць тому +12

    I filed 1/29. Verified my identity in March and May. And I’m still waiting 😳

    • @MVK-f8g
      @MVK-f8g Місяць тому +3

      Me too 😢

    • @tawylagoins2140
      @tawylagoins2140 Місяць тому +3

      Me as well filed 01/30 verified my identity on 4/11 and was told it can take up to 180 days. 🤦🏽‍♀️

    • @marthavidal8759
      @marthavidal8759 Місяць тому +1

      @@tawylagoins2140yes I call yesterday they told me the same thing

    • @user-qy9tt2bu1p
      @user-qy9tt2bu1p Місяць тому

      Me too

    • @GrayManPatriot
      @GrayManPatriot Місяць тому +1

      Charge them interest

  • @RandomBamem
    @RandomBamem Місяць тому +5

    Rip to all the people who’s planned got demolished by waiting for your money😭😂

  • @jbug1005
    @jbug1005 28 днів тому +2

    5 months already who else waiting?

  • @abvedageorge2130
    @abvedageorge2130 Місяць тому +5

    I filed on Jan 22nd they told me I was on a 120 day reveiw because what I put on my w2 wages and income did not match what the irs had in there system ,they told me to give them up to July 10th I got my Date whit an 846 code on transcript for June 20th and they gave me more the irs paid me interest for holding my refund I'm just happy I got shit I thought I was gonna get a letter balance due
    Lol

    • @rekaedwards46
      @rekaedwards46 Місяць тому

      Did u have to amend ur return about the mistakes?

  • @ashtinjackson5452
    @ashtinjackson5452 Місяць тому +1

    I return was accepted on 1/29. Amended on 3/5. 571 on 3/11. Then my amended return was completely processed on 6/21 but I haven’t seen or heard anything and my transcripts haven’t updated. I amended before my original was processed and I don’t understand, will my amended return be of the adjusted amount or the entire refund?

  • @marthavidal8759
    @marthavidal8759 Місяць тому +1

    So this week is only one day of direct deposit?

  • @marthavidal8759
    @marthavidal8759 Місяць тому +1

    I got my letter to do on line my id taxes verification I did it and till waiting I call yesterday they said I have to wait 9 weeks to get my refund do anyone know after how many months you can get interest in your taxes? And my transcript northing

  • @marthavidal8759
    @marthavidal8759 Місяць тому +1

    Leaving aside today the 26 went is the next direct deposit?

  • @JBennett-tb4cm
    @JBennett-tb4cm Місяць тому +2

    I’m just done!!!! Please call ahead and let them know to get the padded room ready!!!!!
    My worthless congressional employees are HORRIBLE!!!!!!! Wasting a month and for NO help, but way more stress!!!!!!!! Calgon take me away!!!!!!!

  • @RandomBamem
    @RandomBamem 26 днів тому

    Are you guys still waiting for yours? Been since march and still nothing to this day just wondering if it’s even gonna come?

  • @Ms.eleven11
    @Ms.eleven11 Місяць тому

    Have anyone got a 151 tax code...filed on Feb 28 and still nothing, it went up to taves received and its been there MONTHS.

  • @hasinahislam8663
    @hasinahislam8663 Місяць тому

    I verified my identity and then a few weeks later received a wait 60 days notice. It’s been 30 days now. What else is there for them to do? How many times does my “as of” date have to change 🙄 ! this is malarkey‼️

  • @robcarley2599
    @robcarley2599 Місяць тому +2

    11.30 am. I havnt heard a thing about my taxes

  • @marthavidal8759
    @marthavidal8759 Місяць тому +1

    This is for the people that they say you need to I’d if you don’t receive a letter to do it go to your account and ask for your id verification I had to do it

  • @SandraJuarez-ht5dy
    @SandraJuarez-ht5dy Місяць тому

    I’m still waiting for my 2021 refund and all they said that they were going to referred it to an advocate representative.

  • @libjaso
    @libjaso Місяць тому

    What is the As of date?? I filed on 01/27 and it was accepted right away. 2/26 got a additional information on my transcript and a notice on 3/4 for 60 day notice and then got another 60 day notice on 5/4. The as of date had always feb 12th and today it says July 1st…

    • @dommrivera5294
      @dommrivera5294 Місяць тому +1

      Similar situation filed 1/29 accepted right away. Had to verify, got a notice 3/11 my transcript said as of 3/11 until yesterday it updated to 7/1. Curious to know if I’ll be getting another notice or if I’ll be getting a refund next week. Following to see if anything changes with yours.

  • @rekaedwards46
    @rekaedwards46 Місяць тому +2

    Has anyone been receiving the letter 2645C

    • @bubbafranks6619
      @bubbafranks6619 Місяць тому

      I have waiting game ....your tax account hasn't hit there system yet.

  • @general.disdain
    @general.disdain Місяць тому

    sent my refund via mail still says nothing. should i resend it? I sent it in April. Checked my transcript says nothing about 2023

    • @general.disdain
      @general.disdain Місяць тому

      Oh this is an AI channel they ain’t going to respond

  • @Francisco-oj1en
    @Francisco-oj1en Місяць тому +3

    Why is mine still saying topic 152. Will I get my taxes refund.

    • @kelechinwadigo3260
      @kelechinwadigo3260 Місяць тому +3

      You’re fine for now. Wayyy worse codes out there than 152.

    • @bmilnerodette19
      @bmilnerodette19 Місяць тому +2

      I got that code last week, and this week, it updated with a refund date. So, for me, this was a good thing.

    • @Francisco-oj1en
      @Francisco-oj1en Місяць тому +3

      Yes, because I’ve been wondering what’s gonna happen to me because I filled since February 16. And still nothing hope something soon.

    • @jeaninewilson2170
      @jeaninewilson2170 Місяць тому

      That’s good news you’ll get your refund soon! I got mine two weeks after I got that code.

    • @marthavidal8759
      @marthavidal8759 28 днів тому +1

      It doesn’t mean anything my said the same I been waiting since 1-26-24 and northing yet

  • @CandiceChase-kp5lj
    @CandiceChase-kp5lj 19 днів тому

    Now the transcripts say we didnt file
    Yay. While 5726 sits thanks government

  • @desertedsl7515
    @desertedsl7515 Місяць тому

    i have a 428 error code

  • @patriciagiddin1026
    @patriciagiddin1026 Місяць тому

    I received 2645C letter today saying they need another 60 days

  • @RandomBamem
    @RandomBamem 25 днів тому

    Really not understanding how people got theirs the same month they filed that’s actually genuinely confusing some people they just screw over and do dirty and some just get it easy it’s messed up lowkey

    • @RandomBamem
      @RandomBamem 25 днів тому

      Issa filthy world we live in but karma never misses never forget that

  • @erikjones7127
    @erikjones7127 Місяць тому +1

    I just received a 2nd additional 60 day needed

  • @LoriWashbourne
    @LoriWashbourne Місяць тому +1

    I am just waiting for federal I got my sate

    • @tractors360
      @tractors360 Місяць тому

      They did sent me less lower of my refund should that be they sent me only my state instead of full refund of both federal and state

  • @logicaldubs
    @logicaldubs Місяць тому +2

    Where’s my refund shows a 151 code.
    Tax transcript codes are as followed.
    810 - 04-04-2024
    150 - 05-13-2024
    I have not received any mail from the IRS or anything stating that they need anything. It’s been months and I don’t know what to do at this point

    • @_SugarBear_
      @_SugarBear_ Місяць тому +1

      Interesting

    • @tristanmichael7596
      @tristanmichael7596 Місяць тому +2

      Transcripts are blank. They have my wage transcripts with no discrepancy. Letter for verification of non filing . No letters in the mail or on the site lol I don't know what they are waiting for lol.

    • @HtxYoungBull
      @HtxYoungBull Місяць тому

      810 is a Refund freeze call the irs you need to ID verification

    • @rashadmm324
      @rashadmm324 27 днів тому

      Same