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Friday, 17 February 2017

PATH ACT of 2015

http://ift.tt/eA8V8JPATH ACT of 2015
Weeziebear
A little info that maybe helpful to some members.
As a result of the Protecting Americans from Tax Hikes (PATH for short) act of 2015, the IRS is required to hold all refunds for taxpayers claiming the Earned Income Tax Credit and the Additional Child Tax Credit. If your federal return contains one or both of these credits the IRS held them until Feb 15th. Although the IRS will start issuing refunds on that date, your federal refund likely will not appear until the week of Feb. 27.
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