Richard Rubin
speaker
1,496 appearances
29 recordings
1 series
first heard Oct 2017
last heard Jan 2024
Richard Rubin’s voice in public audio — every appearance, attributed to the second.
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Appearances
And so that's a real benefit for a lot of people.
And it's going to prevent some of the surprise tax bills that people were worried about because withholding from unemployment benefits is pretty spotty and it varies across the country, but it's not uniform or often large enough to cover what those eventual bills will be.
And so this is really going to provide a cushion against some of those unexpected tax bills that we were expecting.
Okay.
They're working on it.
They still have a bunch of 2019 returns that they're still processing, and they're working their way through it.
I think it's really the things right now that required some sort of human touch.
That can be returns filed on paper, or it can be returns where there was some sort of matching error or problem or question that the return generated, and it just requires the IRS to send you a notice and say, hey, whatever.
What did you mean there?
Did you make a mistake?
And you say, oh yeah, this is what happened.
So I think that stuff that requires labor is stuff that's dragging into this year.
And I would expect that to continue going forward.
To the extent that people file, the returns they're filing now, and there are problems, those backlogs just sort of build on top of each other.
at the IRS.
If your return is easily accepted by the IRS and it's filed electronically and you have direct deposit refund, things can move pretty quickly and you can get your money.
If anything in that chain trips up, then things can slow down.
You might be doing this for a very long time, but it also means you're kind of a grown-up.
I think it's a very open question about what happens and how you're supposed to do this.
Are you supposed to amend your return?
Showing 501–520 of 1,496 · page 26 of 75
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