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03-11-2010, 06:48 AM
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Location: Babylon Village
176 posts, read 181,704 times
Reputation: 34
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Hearing bad things on NYS tax refunds, true?
Massachusetts resident here. Hearding a lot of NYS income tax refunds are being held hostage by the state and may not be paid until June 2010. Is thie true? Essentially I am thinking of moving to long island. is NYS going broke??
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03-11-2010, 06:54 AM
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Location: Western, Colorado
1,397 posts, read 1,360,531 times
Reputation: 592
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Quote:
Originally Posted by ocabrera7
Massachusetts resident here. Hearding a lot of NYS income tax refunds are being held hostage by the state and may not be paid until June 2010. Is thie true? Essentially I am thinking of moving to long island. is NYS going broke??
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IS?!?!
They ARE broke. |
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03-11-2010, 07:02 AM
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Location: Inis Fada
11,783 posts, read 10,619,074 times
Reputation: 3236
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I've heard from a few people that they are being delayed. It wouldn't surprise me if the money wasn't released until after the state budget is passed. Knowing that the budget has seldom been passed on time in NYS, I wouldn't hold my breath.
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03-11-2010, 07:36 AM
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210 posts, read 282,042 times
Reputation: 99
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I paper filed in January and have yet to receive my money via direct deposit.
But a friend e-filed after me and requested a paper check and received it, so go figure.
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03-11-2010, 07:39 AM
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Location: Inis Fada
11,783 posts, read 10,619,074 times
Reputation: 3236
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Mental note to self: e-file and request paper check.
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03-11-2010, 07:40 AM
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Location: Long Island
926 posts, read 881,533 times
Reputation: 279
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I e-filed in the beginning of Feb and got my direct deposit this week. Did my mother's taxes as well and she received hers this week as well.
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03-11-2010, 07:53 AM
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1,625 posts, read 1,130,501 times
Reputation: 2476
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Well, I am happy to tell you that they have the grand sum of $8.00 laying around since that is what I owed them and sent in ...  |
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03-11-2010, 07:56 AM
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1,642 posts, read 1,314,259 times
Reputation: 593
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I e-filed in the beginning of February for direct deposit, got my Fed about two weeks ago and still waiting for the state.
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03-11-2010, 07:58 AM
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1,615 posts, read 1,701,404 times
Reputation: 1044
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Got mine back in 3 weeks.
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03-11-2010, 08:19 AM
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84 posts, read 128,325 times
Reputation: 24
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Nope, no delay here. We e-filed on Feb. 4 and received direct deposit from:
Fed: Feb. 17
NYS: March 5.
The NY Gov. had considered a tactical delay, but I believe it was voted down.
I believe the NYS Assembly was also to vote yay/nay on a refund delay on or about March 10, though I can find no news of the event or results.
Quote:
NEW YORK, NY March 09, 2010
Paterson May Delay Tax Refunds
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REPORTER: An even more pressing problem is immediate cash flow. Governor Paterson estimates the state is $2 billion shy of what it needs to make payments to local governments this month. He says he may have to delay sending out tax refund checks.
HOST: The Assembly is expected to pass legislation today to block that move.
Source: WNYC - News - Paterson May Delay Tax Refunds
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