Your tax refund may come later than last year - KWWL - Eastern Iowa Breaking News, Weather, Closings

Your tax refund may come later than last year

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(NBC) - Attention shoppers counting on receiving a federal tax refund in January to pay for those gift bills. Some IRS refunds will be delayed until February.

The IRS must hold tax refunds until February 15th for the millions of Americans who claim the earned income tax credit or the additional child tax credit.

The February date is a congressionally-approved change aimed at battling tax refund fraud and identity theft.

The IRS wants people to be aware of the change for their planning purposes during the holidays, and doesn't want anyone "caught by surprise" if they receive their refund a few weeks later than in previous years.

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