Question: Is Tax Topic 152 A Bad Thing?

Why does my refund status say still processing?

You can find your status within the TurboTax product.

After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website..

Why did my status bar disappear on Where’s My Refund?

WHERE’S MY REFUND STATUS BARS DISAPPEARED This has happened every year since the tool was first available. This has nothing to do with you being flagged or your return being denied. Status Bars Disappeared for many Americans who filed early. This also can have to do with your browser settings as well as your cache.

Why is my refund still being processed after 21 days?

If over 21 days since being accepted by the IRS and the tax refund is still Processing you can call the IRS and speak with an IRS agent concerning your tax refund. … When calling the IRS do NOT choose the first option re: “Refund”, or it will send you to an automated phone line.

Is the IRS behind on refunds 2020?

Your refund may be delayed. Tax Day is here, with returns due by the end of July 15 — a three-month extension from the traditional April 15 filing date. … “We’re experiencing delays in processing paper tax returns due to limited staffing,” the IRS said Wednesday on its website.

Why is it taking so long for my taxes to be approved?

What’s Taking So Long? If you don’t receive your refund in 21 days, your tax return might need further review. This may happen if your return was incomplete or incorrect. … You may also experience delays if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.

How long can the IRS hold your refund for review?

The IRS can go back through three years’ worth of returns, or up to six years if they find a serious error.

What day of the week does the IRS deposit refunds 2020?

“When Will I Get My 2020 Income Tax Refund?”IRS Accepts Return By:Direct Deposit Sent (Or Paper Check Mailed one week later):Jan. 27, 2020Feb. 7, 2020 (Feb. 14, 2020)Feb. 3Feb. 14 (Feb 21)Feb. 10Feb. 21 (Feb 28)Feb. 18 (President’s Day is a holiday)Feb. 28 (Mar. 6)5 more rows

What does it mean when Tax Topic 152 disappear?

Tax Topic 152 simply means your return is still in the processing stage and topics and bars disappearing mean the process is moving along. The general timeline of e-filed returns is: Transmission > Acceptance > Processing > Approval > Refund.

Does Topic 152 mean audit?

IRS Tax Topic 152 is just their basic message indicating a return is being processed. Since you had an IRS audit I would contact the IRS auditor and and ask about the status of your return and any adjustments made as this will affect the timing and amount of your refund. … This interest is taxable.

Is Tax Topic 151 bad?

Tax Topic 151 simply means that you’re getting a tax offset (see above) which may result in your refund being less than you expected. … While not great news, the silver lining here is that the IRS has processed your return and your adjusted refund (where applicable) should be on its way.

Is Tax Topic 152 something to worry about?

No, nothing to worry about. Tax Topic 152 means you’re getting a tax refund. That’s it. You should not expect your refund in anything less than 21 days according to the IRS.

Does Tax Topic 152 mean I’m getting my refund?

Tax Topic 152 means you’re getting a tax refund. … The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing.