Friday, February 7, 2014
Summary DELAYED FUNDING - Today banks industry-wide experienced unusual funding patterns impacting a significant number of taxpayers. Funding arrived a day late for taxpayers that had an expected refund date of February 6th. Taxpayers in this group that requested an ACH direct deposit should see the refund in their bank account tomorrow or Monday for those that have confirmed deposit by the IRS (some may still be delayed according to IRS review procedures). CHECKS PRINTED - Despite the delay, TPG released check print records this morning and taxpayers were able to receive their check today. MORE CHECKS COMING MONDAY- It appears that taxpayers with an expected funding date of February 10th will receive their refund amount on time, so be prepared for a number of check print records on Monday. You may run the new "Checks to Print" report from our website Monday morning to see a list of checks that will be ready to print that day. We appreciate your patience during this busy part of the season, and we are doing everything possible to maintain our reputation for superior customer support and fast, reliable data processing.