How to Claim a Tax Rebate
Filing your annual tax return can be a frustrating and nerve-wracking experience. However, you may be eligible for a refund on your last return. A tax refund, sometimes referred to as a tax rebate, is a refund on taxes that a taxpayer pays when his tax liability is less than what he paid in taxes. Taxpayers may choose to receive their rebate directly deposited into their bank account or they may choose to receive their rebate via check.
Instructions
-
-
1
Gather your pay stubs or invoices from the past year.
-
2
File a complete and accurate tax return. Most individuals will file a form from the 1040 series. You can download one directly from the Internal Revenue Service at www.irs.gov.
-
-
3
If you are eligible for a tax rebate, you may check the status of your refund by calling the Refund Hotline at (800) 829-1954.
-
4
Wait to receive your rebate. You will receive your refund, if you are eligible, within six weeks from the date that your return was received. If you filed electronically, your rebate check will be issued after three weeks after the acknowledgment date.
-
5
Start a refund trace if you do not receive your rebate within the allotted time. You may do this online at the IRS website at www.irs.gov.
-
1
Tips & Warnings
Wait at least four weeks after you submit your tax return to check the status of your rebate.
In order to expedite the processing of your tax rebate, be sure to complete your income tax return accurately. As the tax code is complicated, you may want to consider hiring a tax professional to assist you. It is also important to remember that the IRS places a statute of limitations on tax refunds, which essentially means that if you make a mistake and overlook your rebate, you have three years to claim it.