BUFFALO, N.Y. — There's about six weeks left before the deadline to file your 2023 taxes.
The Internal Revenue Service says they expect more than 146 million individual tax returns to be filed for 2023. Tax returns are due April 15, 2024.
Many people have already filed and are awaiting returns. Here's how you can find out if your return was processed by the IRS, or NYS Department of Taxation.
The IRS has a Where’s My Refund? tool to check the status of their federal refunds.
New York State residents can check the status of their state tax refund here: https://www.tax.ny.gov/pit/file/refund.htm
You may notice this year's refund is not has much as previous years.
"Where a single person normally gets back about $1,500 this year, they're lucky if they get back $100," said Christopher Fabian, vice president of EG Tax, who spoke to 2 On Your Side's Claudine Ewing in February.
Here's why, according to Fabian.
"The federal government adjusted the circular E, which controls your federal withholding through your paycheck. So what they did was give people more money each paycheck instead of waiting for it until you file your taxes, so a single person who normally gets $1,500 back is only getting about $100 back this year. If not, some of them even end up owing $100, so that's a big change. Even married couples, it's impacting their returns, and it's impacting everybody, so yeah, there is a major decrease in refunds this year," said Fabian
If you need help filing your taxes, both the IRS and NYS Tax Department have information on their websites to answer your questions.
Internal Revenue Service: https://www.irs.gov/
NYS Tax Department: https://www.tax.ny.gov/
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