You can relax as you await your tax return if you are familiar with the procedure. Arkansas State residents who have filed their taxes and are waiting for their refunds should know what to anticipate and where to seek the information. Finding your refund is as easy whether you filed electronically or through the mail.
Taxpayers in Arkansas can use various resources, including online tools and specialist hotlines, to monitor the status of their refunds. This blog will give you the knowledge you need to feel confident when filing your taxes.
Where’s My Tax Refund – Arkansas State
For e-filed returns, expect refunds within 21 business days after acknowledgment. Paper returns can take up to 10 weeks for processing from the time of mailing. You can wait ten weeks from filing before inquiring about your refund.
How To Check The Status Of Your Arkansas State Refund Online
Before you check your tax refund status in Arkansas State, ensure your return has been filed and accepted by the Arkansas Department of Finance and Administration. If you e-filed your tax return on Beem, log in to your account and check your filing status by clicking My Return.
If you submitted your Tax Return by mail or electronically through a different website, verify there initially to confirm if the return was accepted. You can officially check your tax payment status at Arkansas Taxpayers Access Point.
What Can Cause A Delay In My Arkansas Refund?
Your Arkansas refund could be delayed for a variety of reasons, including the following, which are some of the possibilities:
- A tax return that contains mistakes.
- A taxpayer and/or spouse who owes money to the Internal Revenue Service (IRS) and is submitting a combined return.
- When filing a joint return, the taxpayer and/or spouse responsible for paying back child support is the person who owes money.
- If filing a joint return, the taxpayer and/or spouse are responsible for any unpaid assessments that are still outstanding for payment.
Arkansas Tax Brackets
Income Range | Tax Rate |
$0 – $5,299 | 0.00% |
$5,300 – $10,599 | 2.00% |
$10,600 – $15,099 | 3.00% |
$15,100 – $24,999 | 3.40% |
$25,000 – $89,600 | 4.70% |
$89,600 + $0 – $4,500 | 2.00% |
$89,600 + $4,501 – $9,100 | 4.00% |
$89,600 + $9,101 onwards | 4.70% |
Arkansas State Tax Deductions & Credits
The standard deduction for individual filers in Arkansas is $2,340. Married couples filing their income tax together can claim a deduction of $4,680. The service pay or allowance that an active duty member of the armed forces receives is 100% exempt from Arkansas State income tax.
A political contribution credit of up to $50 ($100 for a joint return) can also be claimed on the tax return in Arkansas State for contributions made to several areas. People who get the Child Care Credit can get 20 to 35% of their childcare costs covered by the government during the year.
Conclusion
Taxpayers in Arkansas State can keep themselves informed and calm while waiting for their refund by adopting proactive measures. Individuals can monitor their tax returns through the resources provided by the Arkansas Department of Finance and Administration.
People can also better understand their financial status by contacting their financial advisor. If you want your refund processed quickly, file on time and provide accurate information. You can rest assured that state officials in Arkansas are dedicated to simplifying and clarifying the process for taxpayers.