KEYE-TV - Search Results
Glitch Could Delay Students' Tax Refund
If you filed your taxes early in Central Texas hoping for a quick return, you could experience a delay. A computer glitch may be to blame.
The glitch affects thousands of H&R Block customers who filed their tax returns before Feb. 14 and 22. A filing error delayed up to the 600,000 tax refunds, among them are students who need tax receipts to apply for financial aid. The IRS says H&R Block improperly filed Form 8863 which is used to claim education credits.
H&R Block addresses the error on its website with "What you need to know about Form 8863." A spokesperson for H&R Block tells KEYE TV the IRS may need as much as four to six weeks to issue a refund to the taxpayer.
The IRS released a statement saying, "While the number of tax returns affected is around 10 percent of the total returns claiming the credit, the IRS continues working aggressively to address this situation and hopes to reduce those projected refund time frames further."
An H&R spokesperson says any problems that occurred with Form 8863 have been fixed, and the scope of the number of impacted clients is not just H&R Block clients.
The IRS is currently processing returns and taxpayers should be able to check their status on the website "Where's my refund?" on IRS.gov. The website is updated overnight by the IRS, so you don't need to check it more than once a day.
By Deeda Payton








Social