Don't buy into these 3 myths this tax season, warns the IRS via CNBCMakeIt
Tax season is underway, but many Americans are still unclear as to how the Tax Cuts and Jobs Act, which passed in December 2017, could affect them now.
The agency"will be doing everything it can to have a smooth filing season," according to IRS Commissioner Chuck Rettig. So, if you filed in January and claimed one of these credits, the earliest you could have seen a refund was February 27, assuming you chose direct deposit and there were no further issues.
Most filers who qualify for one will see a quick refund, especially if they file online and opt for direct deposit: E-filing is the"fastest and safest way" to get your money, according to the IRS. The website"provides many self-service tools for individuals, businesses and tax professionals," the IRS notes. For example,"taxpayers can view their tax account, get answers to common questions such as eligibility for a tax benefit or find free tax preparation help."
On the other hand, if you receive a call, text or email from someone claiming to be from the IRS, it's probably a scam."The IRS doesn't initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information," the reports notes.
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