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We were asked for 2012 taxes which have been filed and paid but I just read thing on another website...
"So we filed our taxes and now the underwriter is requesting the transcripts from 2012 as well in order to give the clear to close. The issue with this is that my husband is self employed and the IRS tax payer advocate said that returns with a balance due wont even get touched until June. Even though we paid what was owed, because there isn’t a refund due it goes to the back of the line."
Is this true that the IRS does not review taxes with a balance due until June? Anyone experienced this?
I requested them to be sent to me and I received them. I got them about 1 week after I requested them. I also owed money, I hope those are what the broker needs. I just had them sent to me to see if they were ready.
They wanted all my 2012 docs, but I didnt have to file.
I am going through the same problem and it is a nightmare! The IRS lost my 2011 return, and I just found out about this as I am trying to close on a house. My closing has already been pushed back 2 weeks, but now it looks like it will be pushed back again. I e-filed on 4/13, and the 2012 return was "accepted" on 4/14. Now because I owed money (which I have already paid to the IRS), I have been told that it won't be looked at until at least May 15.
I was just denied because 2012 transcripts arent available. I owe them $8,000. Are you saying if i paid this it would post faster?
Not that i have the money and closing but at least i can look into that. I efiled mine Jan 30th. But it is not processed yet.
From what I understand, if the IRS owes you money, your return will get processed faster. The IRS (from what I was told) won't even begin to look at those who owe until mid-May. Who knows though, because I get a different story with each IRS rep I speak with.