Question
IS IT A FOR SURE WE WON'T GET OUT REFUND TIL AFTER FEB 15TH IF WE GOT THE EARNED INCOME CREDIT??I ALWAYS FILE WITH YOU ALL AND GOT IT WAY BEFORE THAT .
Best Answer
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It's a Federal law. The IRS is prohibited from issuing refunds with certain credits before a specific date. From the IRS website:
Most refunds issued in less than 21 days: EITC refunds for many available by March 3
Under the federal Protecting Americans from Tax Hikes (PATH) Act, the IRS cannot issue Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) refunds before mid-February. Where's My Refund? should show an updated status by February 22 for most early EITC/ACTC filers. The IRS expects most EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards by March 3 if they chose direct deposit and there are no other issues with their tax return.
