What to Do If Your Refund Is Delayed and Your Bills Aren t
Laura McMullen, NerdWallet
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This article was first published on NerdWallet.com.
The IRS is behind on processing tax returns, due to staff shortages and other complications. This delay could be holding up the money you were counting on to cover your bills.
Many people were looking to their tax refunds to do some major lifting, according to a NerdWallet survey published in February. Among filers expecting a refund, 32% say they planned to use it to pay down debt and 30% planned to catch up on bills.
If you were expecting and needing to have a check in hand by now, here’s how to keep your finances together until Uncle Sam pays up.
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lower. for families that don t want to owe money next year, or want a bigger refund, and treat withholdings as a short-term piggy bank, withholding more or less tax money from your paycheck is easy. simply ask your employer for a new w-4, and then add or subtract your total allowances here on line five. or an additional dollar amount you want withheld, here on line six. that s it. if you re relying on that refund, then you need to look at your situation early in the year. you can t wait until the last paycheck in december and try and figure it out. the irs is withholding calculator can also help to make 2020 less painful than 2019. tom costello, nbc news, washington. and new reaction to revelations that a coast guard officer was planning a domestic terror attack, targeting democratic politicians and high profile journalists. president trump saying this yesterday, when asked for his