How long does it take to process a tax return? Need transcripts.?

how long does it take irs to process return

The details matter: I filed our 2010 taxes in the middle of March. We owed taxes and they were paid on time. Now trying to get a loan approved, the IRS cannot provide the transcripts to the lender. Calling the IRS has given us two different explanations: 1. They have confirmed receipt of the return, and. show more The details matter:

I filed our 2010 taxes in the middle of March. We owed taxes and they were paid on time. Now trying to get a loan approved, the IRS cannot provide the transcripts to the lender. Calling the IRS has given us two different explanations:

1. They have confirmed receipt of the return, and the payment, but said a small glitch may have delayed processing. "Wait

a week and try again". In the meantime, they have sent a letter to myself and our lender that states the returns has been received and processing was delayed. They included in the letter various details in the transcript, so that the lender could match them with our tax hard copy. The lender wont accept this.

2. some 3 weeks later, still no transcript available. Called the IRS again, and they said that because we owed on our return and were not getting a refund, that they would not even start processing those returns until the 20th week of the year.

Does anyone have any confirmation of the information provided, and does anyone know of any steps we can take to expedite the processing time?

Source: malaysia.answers.yahoo.com

Category: Taxes

Similar articles: