SPRINGFIELD – Are you hurrying to get your income tax returns in so you can get your overpaid taxes refunded? No big hurry if the dollars you're seeking are stashed in the Illinois treasury.
Illinois taxpayers can expect to wait longer for refunds this year, with the state revenue department saying it will take longer to process paperwork in an effort to prevent fraud and identity theft, the Tribune wrote Tuesday.
The agency said Monday that it doesn't plan to release any refund payments through March 1. After that, refunds filed electronically should be processed within two to three weeks from the date submitted. Paper returns will take longer.