What Effect Will a Federal Government Shutdown Have on Tax Refunds?
As a followup to yesterday’s post on how to check the status of your tax refund, I just wanted to post a quick update with info on what impact the impending Federal government shutdown will have on your tax refund…
In general terms, there shouldn’t be much of an impact on e-filers. According to IRS Commissioner Doug Shulman, the automatic processing of electronic returns will continue even in the face of a shutdown, and any associated returns should go out on time. But if you filed a paper return, the processing of your return may be delayed, meaning that your refund will likewise be delayed.
Regardless of what happens, it’s important to note that the tax filing deadline will still be April 18th, and that any checks that you send along with your return will be cashed without delay.
Disclaimer: Discover is a paid advertiser of this site.
Reasonable efforts are made to maintain accurate information. See the Discover online credit card application for full terms and conditions on offers and rewards.
Filed under: Taxes
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
Related articles...
» Tax Refund Poll Results» Money Poll #8: Tax Refunds
» Some Stimulus Payments Diverted to Pay Outstanding Debts
» Social Security Payments Transitioning to Direct Deposit
» Why Didn’t I Get My Tax Refund?
» Congress Passes Temporary Fix for the Alternative Minimum Tax
» Federal Income Tax Rates Went Down but Your Federal Tax Withholding Increased. Here’s Why…
» Amazon’s Price Drop Policy
Was this article useful? Please sign up to receive our content via e-mail:
3 Responses to “What Effect Will a Federal Government Shutdown Have on Tax Refunds?”
Leave a Reply
Top Cards by Category
Earn 100 Reward Dollars after you make $1,000 in purchases in the first three months of Cardmembership.
Earn 25K Membership Rewards(R) points after you spend $2,000 during your first three months of Card membership.
Consumer friendly credit card with a great low rate of 7.25% and save on interest charges. No balance transfer fees and no annual fee.
The new Discover it card is out to change the way people think about credit cards. No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And Discover won't increase your APR for paying late.*
The new Discover it card is out to change the way people think about credit cards. No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And Discover won't increase your APR for paying late.*
Consumer friendly credit card with a great low rate of 7.25% and save on interest charges. No balance transfer fees and no annual fee.
Limited Time Offer: Get 25,000 Membership Rewards(R) points after you spend $5,000 in the first three months of Card membership. Enroll and select a qualifying airline to receive up to $200 annually in statement credits for incidental fees, such as checked bags and in-flight refreshments, charged by the airline.
The new Discover it card is out to change the way people think about credit cards. No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And Discover won't increase your APR for paying late.*
- How to Become a Millionaire
- How to Get Out of Debt
- The Best Dollars I've Ever Spent
- How Our Estate Plan is Structured
- How We Paid Our Mortgage In Less than 10 Years
- Money Making Ideas
- How to Manage Your Asset Allocation with Multiple Accounts
- Consumption Smoothing - Save While the Saving's Good
- How to Save on Groceries
- How Much Life Insurance Do You Need?
- Eleven Great Books About Money
- Dave Ramsey is Bad at Math
- Dish Network Customer Service SUCKS
- $8,000 Homebuyer Tax Credit
- Pay Off Mortgage Early or Invest?
- How to Claim the First-Time Homebuyer Tax Credit
- Termite Control: Sentricon vs. Termidor
- How Much Should You Pay a Babysitter?
- Ethanol Blended Gas = Lower Mileage?
- Reduced Credit Limits? Share Your Experience
- $15,000 Homebuyer Tax Credit
- Will Mac OS X Lion Kill Quicken 2007?
- Federal Income Tax Rates Went Down but Your Federal Tax Withholding Increased. Here's Why...
How to save money on insurance
- More money, more happiness: Do you think money can buy happiness?
- Overdraft fees soared to $32 billion in 2012
- How do you combat prom inflation?
- How should you choose a bank? Look in the mirror.
- The cost of clean water
- College debt 101
- Is it possible to live debt free?
- How to prepare for a home appraisal
- Home prices are up: good news or bad?
- A bit of foolishness
April 8th, 2011 at 5:10 pm
Your check will be cashed promptly, but if you’re expecting a refund, it may be delayed!
April 8th, 2011 at 6:58 pm
Sher am glad I sent my returns in way early. Already got my refunds from both state and feds.
April 9th, 2011 at 7:36 pm
Update: About ten hours after this post went live, a deal was struck and there was no shutdown…