FAQs

Where’s my refund

Use the following links to find this information.

How long should I keep my tax returns and other documents?

The IRS suggests tax records be kept on file for the length of the statute of limitations. Generally, that is three years, (six years if there if a substantial understatement of gross income) but statutes vary by state. A good rule of thumb is to add a year to the statute of limitations period. Most taxpayers should keep most of their income tax records for four years, but it may be more prudent to keep them for seven. Regardless of the tax assessment periods, taxpayers should retain certain records for longer periods, and in some cases, indefinitely. Tax returns, audit results, general ledgers, and financial statements should be kept indefinitely. Contact our office to request a detailed record retention schedule.

Does my child have to file a tax return this year? I still claim them as a dependent on my tax return.

For the 2021 tax year, if they earned less than $ 12,550 or had unearned investment income of $1,100 in the year, they do not have to file a return but may wish to do so to recover any withheld income taxes (You can still claim them as a dependent).

How long does it take to get your tax refund?

Typically, within 21 days of electronically filing. However, there are certain cases where your refund will be delayed such as if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.

Do I have to make estimated tax payments?

Estimated tax payments are used to pay tax on income that is not subject to withholding. If you have income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes or awards, then you may need to make estimated tax payments. If you don’t pay enough tax through withholding and estimated tax payments, you may be charged a penalty.