California Tax Refunds On Hold

Previously we noted Californian’s who file early may get their refund on time if they file before February 1.  If you haven’t heard yet, California is out of money and can’t pay income tax refunds on time this year.

Apparently, the door is already shut on currently getting an income tax refund.   See the Sacramento Bee and ABC News stories on this.

It is not known how long Californian’s will have to wait for their refunds.   The information could not be found at http://www.sco.ca.gov, the State Controller’s website.

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