It’s only two days after Valentine’s Day and you’re already asking Where is My Refund 2014? Umm, it’s too early to start wondering where it is. Even if you think you know of some people who already got theirs, consider it a fluke and a huge stroke of good luck. The IRS states that most people should have theirs within 21 days. NO PROMISES! Don’t be fooled by fake IRS Refund Calendars out there. Notice that most of them have a disclaimer:
These are only estimates.
Why It’s Too Early to Expect your 2014 Refund
Yeah, bad estimates if you are basing them on the facts! By publishing fake Refund Cycle calendars, people are misleading taxpayers and setting up high expectations that can’t be met. The IRS cannot check for identity fraud and give out IRS refunds within 5 days. It’s just not possible. Don’t you want your refund to be safe from thieves? Well that is what is takes to protect your refund…more thorough identity checking, fruad-proofing the system so fewer refund dollars get misdirected and stolen because someone stole your identity and filed a fraudulent tax return in your name and had your refund sent to their bank account instead of yours.
Why Do Some Refunds Take Longer Than Others?
And, just because your refund is taking longer than your friend’s refund, doesn’t mean there’s reason to panic. The IRS is a little bit cryptic about why some tax returns get held up and other breeze by quickly, but it’s pretty certain that it has to do with typos, name mismatches, social security mismatches, and other things that could mean a fraudulent tax return. But don’t worry unless you really did file a fraudulent tax return! The IRS will figure it out, and if they need more information from you they’ll write you a letter. Don’t respond to phone calls because the doesn’t call…they write letters.