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Generally, the sooner you file your taxes, the sooner you'll see your refund in the bank (and it reduces the chances of tax fraud). The amount that you receive -- if any -- depends on a number of...
Many taxpayers don't realize there's a difference between state and federal income tax refund timeframes. The IRS typically processes electronic federal returns with direct deposit within 21 days ...
And find out when you can expect your tax refund. And find out when you can expect your tax refund. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...
Tax return laws generally prohibit disclosure of any information gathered on a state tax return. [10] Likewise, the federal government may not (with certain exceptions) disclose tax return information without the filer's permission, [11] and each federal agency is also limited in how it can share such information with other federal agencies. [10]
In India, there is a provision of refund of excess tax along with interest. For claiming a refund one has to file the income tax return within a specified period. However, under Sections 237 and 119(2)(b) of the Income Tax Act, the Chief Commissioner or Commissioner of Income Tax are empowered to condone a delay in the claim of a refund. [15]
Returns are also required by partnerships doing business in the state. Many states require that a copy of the federal income tax return be attached to their state income tax returns. The deadline for filing returns varies by state and type of return, but for individuals in many states is the same as the federal deadline, typically April 15.
So how large are income tax refunds on average? In 2014, the average tax refund in the U.S. was about $2,700.
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