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Still Waiting For My Tax Refund

This article was written by in Taxes. 6 comments.

Last year, I began working with a tax accountant. We reviewed how I filed my income tax returns for 2007 and 2008 and determined that filing differently would have saved me about $15,000 overall. In November, I filed amended income tax returns (1040X) for 2007 and 2008.

I received a refund for my 2007 return within six weeks. That corresponded with my expectations, similar to those who amended their 2008 returns to receive the first-time home buyers’ tax credit. As many people have commented, it is now taking much longer to receive refunds from amended returns due to volume and certainly to people who filed incorrect or unclear documentation.

Since it has been able 12 weeks since I submitted my amended tax return, I decided to call the IRS last night to check my status. The experience of calling wasn’t as awful as I expected. Since the IRS’s “Where’s My Refund” website does not apply to amended returns, I called the customer service phone number — a clever number considering the tax form: 800-829-1040. I proceeded through the automated system and dialed 0 to speak with a customer service representative. My hold time, at 7:00 PM Eastern, was only about four minutes.

The representative who took the call was friendly and helpful. She verified my personal information for security purposes and put me on hold again for one minute to research the status of my 2008 refund. When she returned to the line, she informed me the IRS had received my amended 2008 income tax return but no further status was indicated. She assured me this simply means that it is being processed, and similar refunds are currently taking 12 to 18 weeks for processing. The representative encouraged me to call again in a few weeks.

I plan to ask my accountant whether it would be safer to file for an extension for my 2009 income tax return rather than file now and present the possibility of incurring a further delay. I don’t know whether the status of my amended 2008 return would affect the speed at which I would receive the 2009 return. I would rather get one out of the way first.

Published or updated February 10, 2010.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 6 comments… read them below or add one }

avatar 1 Anonymous

You might also ask about the possibliity of the amended return you’re waiting on affecting the 2009 return. What if the IRS accepts it but changes parts of it. If you’ve completed the 2009 return before getting the amended 2008 return “straight”, you could wind up filling an amended 2009 return too. Unless, of course, you like doing that kind of thing. Surely not!!

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avatar 2 Anonymous

What on earth did you miss thats getting you $15,000.00 more back?!

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avatar 3 Luke Landes

I was filing my business as an LLC/sole proprietor but apparently there are better options from a tax perspective.

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avatar 4 Anonymous

I made the mistake of filing as a sole proprietor my first two years of business, as well. From a tax standpoint, it is the worst way to setup a business! I didn’t think you could go back and amend previous returns to save in taxes. Wish my accountant would have jumped on that!

I tend to think the IRS has different departments for handling amendments than they do for current year tax returns. I’d be interested to know what you find out from your accountant. No matter what, you’ll have to make a payment by April 15 or you’ll start incurring interest.

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avatar 5 Anonymous

I filed a 1040x about 10 weeks ago to amend my 2008 return and have similarly not yet received a refund from it. I already e-filed my 2009 return and received the refund via direct deposit this morning, so it appears that having an outstanding 1040x does not interfere with any future refunds you should receive. Just FYI!

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avatar 6 Anonymous

the irs has been reviewing our “first time home-buyers” since april. we have done everything correctly and sent all the proper documents several times. we have been given three different dates when our refund was coming. two days before the expected refund, we get another notice of ‘still reviewing”. there goes another thirty to sixty days of waiting. i’ve been doing taxes for over forty years. never had a problem, never made a mistake. I’m asking you, PRESIDENT OBAMA!

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