Government Shutdown Would Delay Tax Refunds

Another reason to fix your withholding.

The head of the IRS conceded Wednesday that a federal government shutdown -- threatened for as early as 12:01 a.m. Saturday morning -- would delay refunds for taxpayers who file their returns on paper rather than electronically.

Speaking at the National Press Club, IRS Commissioner Doug Shulman first dodged the question about whether a shutdown would delay refunds, “I encourage all taxpayers to file by April 18,” the IRS head said. He stressed that the possible shutdown -- which will result if Democrats and Republicans in Congress fail to agree on a measure to fund government operations -- would not alter the April 18 deadline for filing 2010 returns.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Kevin McCormally
Chief Content Officer, Kiplinger Washington Editors
McCormally retired in 2018 after more than 40 years at Kiplinger. He joined Kiplinger in 1977 as a reporter specializing in taxes, retirement, credit and other personal finance issues. He is the author and editor of many books, helped develop and improve popular tax-preparation software programs, and has written and appeared in several educational videos. In 2005, he was named Editorial Director of The Kiplinger Washington Editors, responsible for overseeing all of our publications and Web site. At the time, Editor in Chief Knight Kiplinger called McCormally "the watchdog of editorial quality, integrity and fairness in all that we do." In 2015, Kevin was named Chief Content Officer and Senior Vice President.