2007-02-12 03:00:43 · 4 answers · asked by randall s 1 in Business & Finance ➔ Taxes ➔ United States
Yes, I got audited last year. It backed up my refund about 3 weeks =(
2007-02-12 03:04:19 · answer #1 · answered by Moosey 5 · 0⤊ 2⤋
No, merely being audited won't put a hold on anything.
The outcome of the audit could, if the outstanding balance was very high and the IRS thought you might try to hide assets or otherwise deny them their due.
2007-02-12 03:05:04 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 3⤋
Yes, if your return is being reviewed for claiming something that you were not eligible to claim on your return, your refund can be held.
If there is a matter of a previous issue with your account and the IRS has determined that you owe and you have not substantiated that you do not owe, your refund would be applied to the balance that you owe.
2007-02-12 03:11:29 · answer #3 · answered by Rob 7 · 1⤊ 1⤋
A mere audit does not put freeze any accounts, if that's what you're asking.
A audit could delay your refund, but typically not by much.
2007-02-12 03:08:58 · answer #4 · answered by Jay 7 · 0⤊ 3⤋