As we begin to look ahead to spring and warmer weather, it is also time to begin thinking about filing state and federal taxes. The deadline to file or request an extension on your taxes is April 17. While many have already filed their taxes, statistics show that most of us wait until closer to the deadline to file our taxes.
In recent years, the way people file their taxes has changed. Filing electronically is the fastest growing alternative to mailing paper returns. The Missouri Department of Revenue (DOR) received more than 2.6 million electronically filed returns in 2017. Convenience, accuracy and the ability to direct deposit your refund are just a few of the reasons why electronic filing is becoming the most popular filing method. Thanks to direct deposit and other options for receiving a person’s refund, most refunds are processed in less than two months.
This year, DOR has a new tool available to help Missourians track the status of their tax return. Missourians can now sign up to receive automatic text or email alerts each time the status of their state tax return is updated. Instead of having to wait on the phone for a customer service representative or check online every day to see their status, those who choose email or text alerts will be informed as soon as something changes.
To enroll in alerts, you only need three pieces of information: Social Security number, filing status and anticipated refund or balance due. Return information will be available within 48-hours of filing electronically or four weeks after mailing a paper tax return. Those who sign up will receive easy-to-read graphics that indicate the current status of their return, as well as the anticipated refund issue date.
To access the Missouri Return Inquiry System and sign up for automatic text and email alerts, please visit dor.mo.gov/return status/.
A similar system is available to check on Federal tax returns. To check the status of your return, you will need three pieces of information: Social Security number, filing status and anticipated refund or balance due. To check the status of your federal tax return visit: https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp.
Thank you for reading this weekly column. Please contact my office at (573) 751-3678 if you have any questions.