Filed with FREETAXUSA - EIC/CTC with prior year debt - Any chance for approval this weekend?
Filed beginning of February with FREETAXUSA claiming one dependent with EIC and CTC. I have an outstanding balance from last year that I partially paid off. Anyone else in this situation get their refund? Really hoping to see movement this weekend.
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Ethan Scott
Most likely your refund will be offset to cover your prior tax debt. The IRS automatically applies current year refunds to past due tax obligations. However, you should still receive any remaining balance after the offset, plus you'll still get the full CTC portion since that can't be offset for tax debts.
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Genevieve Cavalier
AuthorThanks for explaining! Do you know roughly how long the offset process usually takes? 🤔
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Ethan Scott
Usually takes about the same time as a normal refund - 21 days unless you hit other delays. You'll get a notice explaining the offset amount.
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Lola Perez
Hey everyone, just wanted to share something that helped me figure out my offset situation. I used taxr.ai and it analyzed my transcript in like 2 minutes. Cost $1 but totally worth it - showed me exactly how much would be offset and when I'd get the rest. Way better than guessing! https://taxr.ai
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Nathaniel Stewart
For real? Does it actually show offset amounts? My situation is complicated af 😩
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Lola Perez
Yeah its legit! Shows everything - offset amounts, dates, even explains all those crazy transcript codes. Saved me hours of googling lol
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Riya Sharma
in the same boat fam...filed 2/1 with prior year debt. Still processing 🤡
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Santiago Diaz
The whole system is rigged fr fr. They take their sweet time giving us OUR money but expect us to pay them instantly 🤮
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Millie Long
facts 💯 they quick to take but slow to give smh
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KaiEsmeralda
Tip: check your transcript every Friday morning. Thats when they usually update the system with new info
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Genevieve Cavalier
AuthorGood looking out! What time do they usually update?
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KaiEsmeralda
Between 3-5am EST typically. But dont be like me refreshing every 2 mins lololol
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Debra Bai
my sister was in ur situation last year. They took about half her refund for the old debt but she got the rest within normal timeframe
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