Alpha Pro Tax Prep

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🚨 Tax Refund Alert 🚨

The PATH Act hold has officially lifted for taxpayers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit. According to the IRS, many refunds are expected by March 2, and deposits are expected to start arriving next week. In previous years, some refunds have arrived earlier, but there is never a guarantee.

Please note, no deposits will be processed today. Be sure to watch the IRS website this week for updated deposit dates.

Also remember, filing your return in January does not automatically place you in the first batch of refunds or guarantee a specific deposit date. In fact, some taxpayers who file in early February may receive their refunds before those who filed in January.

Refunds can be delayed for several reasons, including errors, fraud filters, identity verification, or wage and dependent reviews. Most of the time, these delays are outside of your tax professional’s control and do not automatically mean there is an issue with your return.

Stay patient and continue checking for updates through the IRS website.