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The IRS has experienced a computer problem causing a nationwide delay with tax refunds being released. Most of the effected refunds were filed between February 2 and February 7, and were expected to be processed and released by the IRS by Friday February 17th.
As a result of IRS computer problems, these refunds were not processed by the IRS under the normal time schedule.
The IRS has indicated that their "Where's My Refund" service may not correctly report the status of these taxpayers refunds at this time. For many of the returns filed during this period, the IRS "Where My Refund" service is incorrectly reporting that the IRs has no information at all. The IRS has indicated that this problem is temporary and that they are working to resolve this nationwide problem.
Taxpayers who visit the IRS and click Where's My Refund will see a statement explaining this problem at the top of the page. The IRS says they are working on the problem but at this time they are not forecasting when you can expect your refund. Per IRS they don’t see delaying your tax refund a big deal and don’t seem to be all that concerned about it and they are not taking ownership of this problem.
We asked your help to fully test and run high volumes of tax returns through Modernized e-File (MeF) in 2012. Thank you for your cooperation.
We have successfully taken in more volume through MeF this year than all year in 2011. MeF is working properly, but we have discovered some issues with linkages to downstream processing systems that have primarily affected returns filed between February 6 and 10, 2012.
Those issues, we believe, have been resolved. However, as a temporary measure to ensure future processing runs smoothly, and to provide adequate time to complete processing of the affected returns, we have temporarily lifted all restrictions on the Legacy system.
Originally posted by Silcone Synapse
Sounds like a great way for the IRS to make a fat bag of interest-they hold the money in a high interest account,then when the computers are "fixed"they suddenly have lots of money left over for themselves...