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No the IRS is processing tax returns today. They are very late this year accepting tax returns though. They began yesterday at last. The 1-2 days does apply over the holidays and weekends but only from the time the IRS accepts tax returns. Be sure and check where you had your return prepared that it cleared the IRS yet. You still must be approved for the loan by the bank before your money will be released. If the loan isn't approved by the bank , and the IRS does not have a hold on your refund, it will take 8-15 days before you would receive your refund. Laura H – H&R Block – Senior Tax Advisor 5 **This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.
Their computers don't get weekends or holidays off, so yes they are processing returns. But they are a little jammed up because so many tax prep places took returns early so people thought they were really filing - those just sat on the tax prep places' computer until Friday when the could be sent to the IRS. The backlog should be cleared up within a couple days.
Yes, they are processing. But they have nothing that they promise in 24 or 48 hours. It sounds like you got a rapid refund from Block or somebody and they said 24-48 hours. That is a loan against your refund that the bank will fund within that time period. The IRS won't issue your refund to that bank for another week and a half anyway, so it is the bank you are worried about. But yes, the banks are funding the RALs today.
I filed on Jan twenty first 2011 & the IRS won it on the twenty fourth E-document. I went via Liberty Tax provider. My date replaced into set to 02/04/2011 to acquire it, then on that Wednesday it replaced to 02/22/2011 using a processing put off. I referred to as IRS and have been given 4 distinctive solutions. First one replaced into that i necessary to permit 3 weeks for processing. 2d answer replaced into IRS replaced into backed up. third answer replaced into because of the fact my submitting prestige replaced into distinctive this 365 days it could take one extra week for processing, that no longer something replaced into incorrect with my return call back next week. 4th answer which I in simple terms have been given at present replaced into there replaced into an "INDICATOR" that my return replaced into being "looked at" and if there have been no problems it "recognized" my acquire date replaced into 02/22. That no letters have went out Jacksonville OF yet. IRS is a rattling humorous tale. My pal filed quicker Tax the comparable day as me and have been given her money on 02/02 direct deposit.
Yes they are processing returns today, I received my acceptance confirmation this morning around 10.
Yes,their computers run 24/7