Tax Topic 152 Refund Information: What Does Topic 152 Mean?
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There are many people in the United States who are due a tax refund from the Internal Revenue Service (IRS) at present, which has led to plenty of frustration, but what does it mean if you are being told that you qualify for Topic 152?
The IRS has a number of tools available for you to be able to track where your tax refund is, such as the Check My Refund Status - formerly Where's My Refund - and IRS2Go.
However, if there are any problems with those, it can be a bit of a pain to figure out what to do next.
What Does Tax Topic 152 Mean?
One of the more common questions refers to Topic 152, and this simply means that you are going to get a refund. The IRS has said in their guidelines that 90% of tax filers should get their refund within 21 days of filing this year, and it's worth bearing in mind that these are normal days, not 'business days'.
If you decided to mail your tax return, your 21 days will get underway from the moment that the IRS is able to put your paper documents onto its system. Paper returns can therefore take up to 12 weeks or more to process.
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