What is a Assisted Refund?
An Assisted Refund* (AR) allows clients to have tax preparation and other fees and amounts paid upon completion of services from either the federal or state refund. With an Assisted Refund your refund will be deposited into a temporary bank account from Republic Bank & Trust Company.
Can I still get a refund for 2015?
Claim Refund Instructions:You can no longer claim a 2015 Tax Refund. Prepare, file your 2015 tax return on paper. Taxes Owed Instructions:File your tax return as soon as possible to reduce late filing fees and penalties. Claim Refund Instructions:You can no longer claim a 2014 tax refund.
Why did I get a surprise tax refund?
Another reason why you may get an unexpected tax refund is if you forgot to include tax that you had already paid, which is often the case with independent contractors and self-employed people.
How does refund transfer work?
Once a taxpayer’s tax return is completed, they can elect to use the refund transfer process. Rather than getting the money from the IRS, the taxpayer’s refund will be routed through a refund settlement bank. These banks are authorized to deduct necessary fees and then distribute the funds to the taxpayer.
How much does the early refund advance loan cost?
No Fee Refund Advance loans are offered after you have filed your return and are offered at no cost to you. Loan amounts are between $500 – $3,500. The loan amount is deducted from tax refunds reducing the amount paid to the taxpayer.
Why did I get a deposit from IRS Treas 310?
IRS TREAS 310 signals an ACH direct deposit refund or stimulus payment resulting from a filed tax return, amendment, or tax adjustment. According to CNET, 310 is a code that identifies the transaction as a refund from a filed tax return in the form of a direct deposit.
Is the IRS sending out surprise checks?
The tax agency said last week there will be another wave of these surprise refunds before 2021 ends. It has been nearly two months since the last batch: More than 400,000 payments went out in early November totaling over half a billion dollars.