The partial government shutdown could impact your tax refunds

Jonathan Ernst  Reuters FILEA view of the U.S. Internal Revenue Service headquarters in Washington D.C

Jonathan Ernst Reuters FILEA view of the U.S. Internal Revenue Service headquarters in Washington D.C

Knuff, who has prepared tax returns in Cleveland for 40 years, said people have gotten use to receiving their refunds in just a couple weeks.

But fear not! While the Internal Revenue Service now lacks the funds to process refunds, it is fully prepared to process tax returns that include payments to the government.

The nation's tax collector does not pay refunds or offer other assistance to taxpayers if they have questions during a shutdown.

Taxpayers banking on their federal refund may have to wait a bit longer to get their money if the government shutdown goes on into the spring.

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As the government shutdown enters another week, federal agencies like the IRS are feeling the effects.

While refunds might be delayed, the April 15 deadline to file won't change. Last year, during the period of late January through the beginning of March, the IRS paid out $147 billion in refunds to more than 48 million households, the Post reported.

If consumers haven't received tax forms by mid-February, they are advised to contact your employer and request a copy or ask that it be resent, according to the IRS.

The IRS is now working under non-filing season shutdown plans and will be updating it ahead of the upcoming tax season as soon as Friday, according to a person familiar with the matter.

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Land says if you owe the government money, the shutdown does not give you extra time to pay. That's on top of an already complicated tax season, due to the myriad of new regulations ushered in by 2017's sweeping tax reform bill, the Tax Cuts and Jobs Act. "To the extent that individuals are relying on the refund any delay is going to be a negative".

The shutdown comes at a time when there are many questions surrounding the new tax law and help is not available.

Right now, there's no word on when the IRS workers may return to the office. You just not might get a refund, according to The Wall Street Journal.

The message also states that "normal operations will return as soon as possible".

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