“Understanding Hoiberg Group: A Guide for High School Students”

– The best way to check the status of a tax refund is through the Where’s My Refund? tool or the IRS2Go app.
– Updates to Where’s My Refund are made once a day, usually overnight, and it’s possible for a refund to take longer than the expected 21 days.
– A tax refund amount could be less than expected due to adjustments made by the IRS or reductions to offset financial obligations. Taxpayers should check the Where’s My Refund? tool or wait for a letter of explanation before calling the IRS. – Taxpayers are encouraged to adjust their tax withholding with their employer to avoid surprises next year.
– The Tax Withholding Estimator tool can help taxpayers determine if their employer is withholding the right amount.
– Taxpayers who experience a life event such as marriage, divorce, or the birth or adoption of a child should check their withholding and use the results from the Tax Withholding Estimator to complete a new Form W-4 and submit it to their employer as soon as possible.

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