Tax Returns During Government Shutdown

Tax Returns During Government Shutdown. The government shutdown is happening as a result of democrats and republicans being unable to come to an agreement regarding funding for the once the irs does begin accepting tax returns, you should have the ability to mail them in or submit them online even if the government shutdown. How will a government shutdown affect tax returns and refunds?

Here S How The Government Shutdown Will Affect Tax Returns And Refunds
Here S How The Government Shutdown Will Affect Tax Returns And Refunds from i.insider.com
A government shutdown may negatively affect tax refunds. The government shutdown is happening as a result of democrats and republicans being unable to come to an agreement regarding funding for the once the irs does begin accepting tax returns, you should have the ability to mail them in or submit them online even if the government shutdown. How will the government shutdown affect tax returns? In previous shutdown contingency plans, the irs would accept tax returns during the filing season, but refunds would be delayed until the. If the shutdown ends anytime soon, it's likely your tax return won't be affected.

The irs will accept returns beginning january 28.

Among those ordered to stay home are the people who handle tax returns at the internal revenue service. During the partial shutdown of the us federal government, the irs will continue to collect tax and process income tax returns, but refunds will not be paid out until the shutdown has ended. Despite the shutdown, tax laws remain in effect. You may have to delay filing your taxes a bit if you have questions about your return and you prefer to ask your questions directly to an irs employee over the phone. Tax refunds will go out, the acting director of the white house office of management and budget, russell vought, told reporters at a briefing on monday. Software companies and tax professionals will accept and prepare tax returns before jan. 2 last year, the earliest point in the i.r.s.'s 2018 statistics, 18 million individual returns had been filed. What happens during a shutdown. The white house says yes, but don't count on it. With less staff on hand to address questions, concerns, and processing, not receiving your refund on time is a possibility. The tax laws of our nation still apply during the partial government shutdown.

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