Saturday, October 24, 2009

How long will it take to get my child care tax credit?

If you filed efile NORMAL time is about three weeks. If you paper filed, about six weeks. I efiled my return mid February. I got a letter just today that said my refund (child tax credit plus several other deductions and tax credits) will be mailed (yuck!) within three weeks. Go figure.

How long will it take to get my child care tax credit?
You will have to amend your 2007 taxes. This could of been avoided by completing a 2441 form and attaching it to a 1040 form thus not having a problem with the 1040A Form.
Reply:The child tax credit is simply a part of your tax return. If you have a refund coming, the tax credit will not come as a separate check. If you owed money when you filed your taxes, the credit has already reduced the amount you owed.
Reply:It sounds like you filed an initial return without it, and then filed an amended return. Getting your refund from an amended return will take 6-8 weeks.





It's a little late now, but you could have filed originally on a form 1040 instead of 1040A and taken the child care credit in the first place - it was only a 1040A where it had the delay.
Reply:Let's see 8-12 weeks from mid-February is Mid-April to Mid-May. Don't bug the IRS before May 15th.
Reply:The child care tax credit is just one of the many calculations used in the preparation of your regular tax return that you file each year. If you qualify for it, it reduces the amount of income tax you have to pay, so your refund is larger than it would be without it. But you don't get a separate check for this -- or any -- tax credit.

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