Taxpayers with EIC or Additional Child Tax Credits: Expect Refund Delays in 2017
The IRS is implementing new fraud safeguards in 2017 (for the 2016 tax return filing season). These safeguards require the IRS to hold refunds from taxpayers claiming the Earned Income Credit and/or the Additional Child Tax Credit until mid-February 2017. Other new fraud and identity theft prevention tools may also delay taxpayer’s refunds without these credits. More can be read here.
