if a taxpayer is due a refund, it will be mailed to the taxpayer regardless of whether he or she files a tax return. group of answer choices true false

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08-11-2022
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if a taxpayer is due a refund, it will be mailed to the taxpayer regardless of whether he or she files a tax return. group of answer choices true false

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RajeevKumarBag RajeevKumarBag · Answer 1 · 2022-11-12T19:12:54+01:00

When the IRS receives your paper tax return, your refund should be issued within six to eight weeks if it is complete and accurate.

Your refund should be issued in less than three weeks if you file electronically, and even sooner if you choose direct deposit.

How is a refund issued to a taxpayer?

Most of the time, tax refunds come in the form of paper checks that are sent by mail or direct deposits to the taxpayer's bank account. Alternately, taxpayers can purchase Series I Savings Bonds with the refund. If you choose direct deposit and e-file your tax return, you will receive your refund the quickest.

Who is in charge of processing the refund for income tax?

At the moment, all primary assessments are carried out by CPC in Bangalore. In accordance with section 143 (1), a notice of intimation is sent to the registered email address after the CPC unit of the Income Tax Department takes up the ITR for processing, which entails cross-checking the details reported in the ITR with the information at hand.

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