What happens after the irs accepts my return?
The acceptance of a tax return by the Internal Revenue Service (IRS) signifies the beginning of that return’s processing. The return then goes through a series of steps which culminate in a refund or a balance due notice being mailed to you.Date StampThe first step in the processing of your income tax return is to mark the date on which it was received and the postmark. If the return is late and has a balance due, a notice which includes the balance owed plus penalties and interest is generated and mailed during processing.Math VerificationAfter a return is accepted, the IRS verifies the information listed on the return. If a math error is found on the return, you’ll usually receive a letter advising you of the error and what steps, if any, you need to take to correct the issue. Most often, the IRS’s error resolutions department can resolve the error without your input.ProcessingOnce tax returns have been verified, they are placed in the queue for further processing. At this point, the
