Why Is My Tax Return Not Processed Yet? (Solution found)

Some tax returns take longer to process than others for many reasons, including when a return: Includes errors, such as incorrect Recovery Rebate Credit. Is incomplete. Includes a claim filed for an Earned Income Tax Credit or an Additional Child Tax Credit.

  • There are many different reasons why your refund may have not been processed yet, but the most common include: Your tax return included errors. Your tax return is incomplete. This could mean that all of the necessary forms were not sent to the IRS for processing. Your return has been flagged for identity theft or fraud.

Why hasn’t my tax refund processed yet?

If you don’t receive your refund in 21 days, your tax return might need further review. This may happen if your return was incomplete or incorrect. You may also experience delays if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.

Why is my tax return still being processed 2020?

He said the IRS is still processing $9.8 million tax returns from 2020. The delays are mostly due to errors in filing, some having to do with the economic stimulus payments. 5

Are 2020 tax returns delayed?

If a taxpayer files a return on April 15 in Year 1, the IRS generally may issue a refund until April 15 in Year 4. In 2020, the IRS postponed the filing deadline for tax year 2019 tax returns from April 15 to July 15 due to the COVID-19 pandemic.

How long does your refund stay in processing?

When to expect your IRS refund About 90% of electronically filed tax returns are processed within 21 days. Paper returns are processed six to eight weeks after they arrive at the IRS. If you electronically file and provide bank account information to the IRS for direct deposit, you’ll see your refund the quickest.

Why is my tax return still being processed after 21 days?

The IRS will issue most refunds in less than 21 calendar days. This could mean that all of the necessary forms were not sent to the IRS for processing. Your return has been flagged for identity theft or fraud.

How long can the IRS hold your refund for Review 2020?

How long can IRS legally hold refund? There is no statutory limit. However, after 45 days from the filing deadline they must pay interest on the refund, and after six months you can sue them in the Court of Claims.

Why is tax return taking so long?

Some tax returns take longer to process than others for many reasons, including when a return: Includes errors, such as incorrect Recovery Rebate Credit. Includes a claim filed for an Earned Income Tax Credit or an Additional Child Tax Credit.

Are 2021 tax refunds delayed?

That means 2021 tax refunds are likely to be delayed; usually electronic refunds come three weeks after filing, a week faster than ones for paper returns. Based on last year’s experience, getting answers from the IRS will be even harder than usual, too. 1

How do I know if IRS received my tax return?

Find out if Your Tax Return Was Submitted

  1. Using the IRS Where’s My Refund tool.
  2. Viewing your IRS account information.
  3. Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.)
  4. Looking for emails or status updates from your e-filing website or software.

Why is my federal refund so slow?

Your refund may be delayed if you made math errors or if you forgot to sign your return or include your Social Security number. It may also be delayed if your dependents’ information doesn’t match IRS records, or if you left out a corresponding schedule or form to support a deduction or credit, says Pickering.

What does still being processed mean on Where’s My Refund?

If your tax return status is “Still Being Processed” your tax return could be essentially on hold until the IRS corrects any issues and/or gets the additional information from you to continue processing your return.

How long does it take the IRS to process a late tax return?

It takes approximately 6 weeks for us to process an accurately completed past due tax return.

Tax Season Refund Frequently Asked Questions

The majority of refunds are processed in fewer than 21 calendar days. If your tax return requires further scrutiny, it is likely that it will take longer to complete. Where Has My Refund Gone? provides the most up-to-date information about your refund that is currently available For some 2020 tax returns that require review, such as those that contain incorrect Recovery Rebate Credit amounts or those that used 2019 income to calculate the Earned Income Tax Credit (EITC) and Additional Child Tax Credit, the Internal Revenue Service is taking more than 21 days to issue refunds (ACTC).

I’m counting on my refund for something important. Can I expect to receive it in 21 days?

Following the receipt of your return, a number of different circumstances might influence the timeliness of your reimbursement. Despite the fact that we provide the majority of refunds in less than 21 days, it is conceivable that your refund will take longer. Please bear in mind that your financial institution may require a period of time before crediting your account or mailing you a refund.

It’s been longer than 21 days since the IRS received my return and I haven’t gotten my refund. Why?

  • It has flaws, such as an inaccurate Recovery Rebate Credit
  • It is insufficient
  • And it requires more examination in general. Has been a victim of identity theft or fraud
  • Included is a claim for the Earned Income Tax Credit or the Additional Child Tax Credit that has been lodged. See the Q&A section below. In addition, there is Form 8379, Injured Spouse AllocationPDF, which might take up to 14 weeks to be processed.

For the most up-to-date information on IRS return processing during the COVID-19 epidemic, see theIRS Operations Status website (in English). When (or if) we require further information from you in order to process your refund, we will notify you by letter. As long as we’re still processing your return or making corrections to a mistake, neither Where’s My Reimbursement? nor our phone specialists will be able to offer you with an estimated refund date in advance. Please go to Where Has My Refund Gone?

I claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) on my tax return. When can I expect my refund?

According to the Protecting Americans from Tax Hikes (PATH) Act, the Internal Revenue Service is not permitted to provide EITC and ACTC refunds before the middle of the month. When taxpayers choose direct deposit and there are no additional concerns with their tax return, the IRS anticipates that most EITC/Additional CTC refunds will be available in their bank accounts or on their debit cards by March 1. Some taxpayers, on the other hand, may receive their refunds a few days early. Check Where’s My Refund to find out when you will receive your customised refund.

The IRS2Go smartphone app, as well as IRS.gov, continue to be the most convenient ways to check the status of a refund.

Will calling you help me get my refund any faster?

If Where’s My Refund? urges you to call us, our personnel will be unable to give you with any extra information until you specifically request it. If the message “Where’s My Reimbursement?” indicates that we are still processing your return, our personnel will be unable to provide you with an exact refund date.

What information doesWhere’s My Refund?have?

Typically, we will provide you with information on the most recent tax year refund we have on file for you.

Can I use Where’s My Refund? to check the status of a refund on a prior year return.

Where Has My Refund Gone? will show you the current status of your most recently filed tax return during the previous two tax seasons.

When can I start checkingWhere’s My Refund?for my refund’s status?

We’ll notify you within 24 hours of receiving your electronically submitted tax return or within 4 weeks of receiving your paper tax return, whichever is sooner.

WillWhere’s My Refund?show me when I’ll receive my refund?

Where Has My Refund Gone? After we have processed your return and approved your reimbursement, we will contact you to set up a specific day for you.

Will ordering a transcript help me find out when I’ll get my refund?

A tax transcript will not assist you in determining when you will get your refund. There is no guarantee that the information transcripts have about your account will accurately reflect the amount or timeliness of your refund. They are ideally suited for verifying prior income and tax filing status for mortgage, student, and small business loan applications, as well as for assisting with tax preparation and production of tax returns.

I’m a nonresident alien. I don’t have to pay U.S. federal income tax. How do I claim a refund for federal taxes withheld on income from a U.S. source? When can I expect to receive my refund?

Nonresident aliens who receive income from a source in the United States must disclose the necessary income and withholding amounts on Form 1040-NR, U.S. Nonresident Alien Income Tax ReturnPDF in order to be eligible for a refund of federal taxes withheld on such income. When you submit your Form 1040NR, you must include any supporting documentation that demonstrates your income and withholding levels. To complete a 1040NR return, we require more than 21 days of processing time. Please anticipate up to 6 months for your refund to be processed from the date you filed your 1040NR.

How will I know you’re processing my tax return?

Where Has My Refund Gone? tracks the progress of your tax return from its reception until its conclusion. It will notify you when your return has been received as well as if your refund has been accepted or has been issued.

What is happening whenWhere’s My Refund?shows my tax return status as received?

We have received and are currently processing your tax return.

What is happening whenWhere’s My Refund?shows my refund’s status as approved?

We’ve authorized your request for a refund. Currently, we are prepared to issue a refund through your bank or straight to you through the mail. This status will inform you as to when we will transfer the funds back to your bank account (if you selected the direct deposit option). You should check with your bank about your refund 5 days after we’ve issued it because banks differ in how and when they credit monies to accounts. If you get a refund cheque in the mail, please allow several weeks for it to arrive.

How long will it take for my status to change from return received to refund approved?

It can take a few days in certain cases, but it could take longer.

DoesWhere’s My Refund?always display my refund status showing the different stages of return received, refund approved and refund sent?

No, this is not always the case. Instead, when we are still examining your return, it may offer instructions or an explanation of what we are doing, depending on the circumstances.

DoesWhere’s My Refund?update often?

Generally speaking, no. At times, when your return is in the process of being reviewed, the screen will instead display instructions or an explanation of what we are doing.

WillWhere’s My Refund?give me my amended return’s status?

No, it is not always the case. Instead, it may display instructions or an explanation of what we are doing while we are still examining your return.

I requested a direct deposit refund. Why are you mailing it to me as a paper check?

  • We can only deposit refunds into accounts in your own name, the name of your spouse, or the name of a joint account
  • Otherwise, we cannot repay you. A direct deposit may be rejected by a banking institution. The amount of electronic refunds that can be deposited into a single bank account is limited to three

Why is my refund different than the amount on the tax return I filed?

Please keep in mind that we can only deposit refunds into accounts in your own name or the name of your spouse, or into a joint account. A direct deposit may be refused by a financial institution. The amount of electronic reimbursements we can deposit into a single bank account is limited to three;

What should I do when the refund I receive is not from my tax account?

We ask that you refrain from cashing the refund cheque or spending the direct deposit return.

Return the money to us in its original form. Tax Topic 161, Returning an Erroneous Refund — Paper Check or Direct Deposit, explains how to return an incorrect refund. gives further information about what to do

Tax Refund Delay: What to Do and Who to Contact

It is possible that your tax refund will be delayed for a variety of reasons. It’s possible that your figures and those of your employer didn’t match. Alternatively, you may have mistakenly missed a line—or perhaps an entire form. Alternatively, it’s possible that you submitted a credit claim that the IRS is taking longer to review. This year, on the other hand, the most likely explanation for a delayed tax refund is that you filed a paper tax return instead. As a result of the COVID-19 outbreak, there was a further backlog of tax returns to deal with.

Of course, the reasons for a delayed tax refund that existed before to the coronavirus epidemic may still be relevant today.

Take the time to develop a complete financial strategy that goes beyond taxes and other financial obligations.

How Long It Takes the IRS to Process a Tax Refund

Several factors might contribute to the delay in your tax refund. Your figures may not have matched up with those of your company. Alternatively, you may have inadvertently missed a line—or perhaps an entire form—by accident. In some cases, the IRS may take longer to process a credit claim than expected. For the first time this year, however, the most likely cause for a delayed tax refund is if you submitted a paper tax return. As a result of the COVID-19 epidemic, there was an extra backlog of tax returns.

Although the grounds for a delayed tax refund that existed before the coronavirus outbreak may still be relevant, For more information, including other explanations and suggestions for avoiding future delays, continue reading this blog entry.

Discover the services of a financial adviser in your area now!

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How Can I Track My IRS Refund?

If you are still anticipating a tax return, you may use the IRS Where’s My Refund service to check on the status of your 2021 income tax refund. Taxpayers will be required to provide personal information such as their Social Security number or Individual Taxpayer Identification Number, as well as the status of their tax return and the amount of money they anticipate to receive as a refund. Taxpayers can also check on the status of their refunds using the IRS2Go smartphone application. You will also be able to make tax payments and receive free tax assistance using the app (as long as you qualify).

The IRS TREAS 449 indicates that your refund has been lowered in order to settle a tax liability with the government.

If a taxpayer fails to submit any needed forms or schedules, he or she may be compelled to file an amended return.

Reasons for a Tax Refund Delay

There is no one cause for a tax refund to be held up by the Internal Revenue Service. On the contrary, there are a variety of distinct conditions that might influence how long it takes you to get your refund from Uncle Sam. As an example, you may have made a mistake on your tax return, input the incorrect bank account information for the refund, filed your return too soon, or any number of other reasons. We’ve included numerous typical reasons why your tax return can be delayed in the section below.

You Claim Certain Credits

If you submit your tax return early and claim the earned income tax credit (EITC) or the extra child tax credit (ACTC), you will have to wait a little longer for your refund to be processed. According to the legislation, the Internal Revenue Service (IRS) must wait until February 15 before issuing refunds to individuals who claimed either of the two credits. President’s Day, as well as bank processing periods, might cause your refund to be delayed even longer. If the hold is placed on your application because you filed before the middle of February, there is no need to be concerned.

Alternatively, if you filed later than that, the IRS may have issues or request further information, in which case you should get a letter outlining what it required in order to proceed.

feature (available on the IRS website).

Filing Early or Late

Early filers may have to wait a long time for refunds to be processed. One explanation for this might be that the IRS is still in the midst of implementing adjustments to its procedures. Updated security measures or procedure improvements owing to changes in the tax code are examples of what may be included. If the IRS has to update or make modifications, it will most likely not do so until right before tax season. If you submit your taxes early in the tax season, your refund may be delayed as a result of the high volume of requests received by the IRS at this time.

The vast majority of taxpayers either file as soon as they are able or wait until the last minute before the tax day deadline to do so.

New Security Measures

In today’s society, identity theft is a serious threat to people’s safety. The Internal Revenue Service maintains stringent security measures in order to fight the danger. Some security precautions will force the Internal Revenue Service to lengthen the time it takes to process tax returns (and refunds). If the Internal Revenue Service thinks that someone has attempted to steal your identity (by submitting a false tax return), your return may be delayed. You would then have to wait until the IRS has completed its investigation and has determined that you are who you claim to be before filing your tax return.

This will cause a delay in the processing of your refund, but it is only a security measure.

Because of the additional security measures, several state governments have also said that they will take longer to process tax returns in the future.

For example, typically, Alabama has not begun giving refunds until the first week of March. The Internal Revenue Service begins providing refunds in February. If you’re looking for information on where your state return is, check out this post on where your state refund is.

You Filed a Paper Return

As previously stated, the Internal Revenue Service often takes longer to process paper returns than it does to process electronically submitted taxes. That means you will have to wait longer for your return—and considerably longer if you want your refund in the form of a check. If you file a paper return by certified mail, the Internal Revenue Service will take longer to complete your return and issue a refund. Speaking of paper returns, you will need to file any amended returns (1040X) as a paper return in order to be eligible for an extension.

Even if you file electronically, if you want to get your refund in the form of a physical check, you will have to wait a little longer.

As would cause your refund to be delayed in the same way that sending a refund to the incorrect bank account would cause it to be delayed.

Mistakes on Your Return

For the reasons stated above, paper returns are often processed more slowly by the Internal Revenue Service (IRS) than computerized forms. If you want your refund in the form of a check, you will have to wait even longer because of this. If you file a paper return by certified mail, the IRS will take longer to complete your return and release your refund. Speaking of paper returns, you will be required to file any amended returns (1040X) as a paper return under the Internal Revenue Code. For revised returns, the IRS predicts that it will take between eight and twelve weeks to process them.

A check sent by the mail has an increased chance of being misplaced, as well as the likelihood of being sent to the incorrect address.

Incorrect Bank Info

As previously stated, the Internal Revenue Service often takes longer to process paper returns than it does to process computer forms. You will have to wait longer for your return—and considerably longer if you want your refund in the form of a check. If you submit a paper return and send it to the IRS through certified mail, the IRS will take longer to process your return and release your refund. If we’re talking about paper returns, remember that you’ll have to file any amended returns (1040X) as a paper return.

Even if you file electronically, if you want to obtain your refund in the form of a physical check, you will have to wait longer.

Sending a cheque through the mail increases the likelihood of the check being lost or being sent to the incorrect address. As would cause your refund to be delayed in the same way that sending a refund to the wrong bank account would cause it to be delayed.

You Have Outstanding Debt

The Internal Revenue Service (IRS) has the right to garnish your tax return if you owe certain types of obligations. Withholding your wages in order to use them for anything else is known as wage garnishment. The IRS will garnish your return for a variety of reasons, some of which are as follows:

  • You owe money to the government for overdue taxes. It is possible that you have defaulted on a federal student loan. You owe money to the government for child support
  • You and your spouse filed a joint tax return, and your spouse owes money.

In the event that the IRS withholds your refund, you will get a notification explaining why the IRS took this decision. If you believe you were not obligated to pay that obligation, you will need to file a dispute with the agency that received the money.

Bottom Line

There are a variety of reasons why you could be experiencing a delay in receiving your tax return. Some of the explanations will not necessitate any more effort on your behalf. This is the case if you have claimed specific credits or if you have filed your tax return at specific periods. Filing a paper return and obtaining your refund in the form of a paper check will both drag down the process. Another explanation for the delay might be because you made a clerical error or missing information.

It is your responsibility to locate the money if you requested a direct deposit but gave inaccurate bank information to the financial institution.

Tips for Making the Most of Your Refund

  • Finding a quality financial advisor does not have to be a difficult endeavor. Your financial adviser links you with up to three other financial advisors in your region using SmartAsset’s free service, and you may interview your advisor matches at no cost to determine which one is the best fit for you. If you’re ready to locate a financial adviser who can assist you in achieving your financial objectives, get started right away. If you do not have any immediate bills to pay off, you may opt to deposit your refund directly into your bank account. Alternatively, you may hunt for a high-interest savings account. You may put your return toward retirement by obtaining the maximum interest rate available. Even if it doesn’t seem particularly enjoyable, it’s critical to guarantee that you can spend your golden years doing anything you like.

Photo credit: iStock/LPETTET, iStock/anyaberkut, iStock/AntonioGuillemDerek Silva, CEPF®Derek Silva is motivated to make personal finance accessible to everyone. He is the founder and president of the CEPF®. He contributes to SmartAsset by writing on a number of personal financial subjects and serving as a retirement and credit card specialist. A member of the Society for Advancing Business Editing and Writing, Derek also has the title of Certified Educator in Personal Finance® (CEPF®) and is an expert in personal finance.

Derek wants readers to take away from his work the following message: “Don’t forget that money is only a tool to help you achieve your objectives and live the lifestyle you choose.”

7 Reasons You Haven’t Received Your Tax Refund

You’re undoubtedly wondering how quickly your tax return will come once you’ve filed for the year – especially if you have big plans for it. Generally speaking, according to the Internal Revenue Service (IRS), nine out of ten taxpayers who file online may expect to get their refunds within 21 days. But what happens if that amount of time has passed and your refund is still nowhere to be found? Here’s what you need to know and do to be prepared.

Key Takeaways

  • According to the Internal Revenue Service (IRS), taxpayers who file their returns electronically may expect to get their refunds within 21 days. Where’s My Refund? is a page maintained by the Internal Revenue Service that allows you to track the progress of your refund. Identity theft and tax fraud are two examples of situations in which you may not have received your refund due to simple math mistakes on your tax return. Alternatively, it might just indicate an abnormally large amount of processing at the IRS.

First, Check Your Refund Status Online

If you’re wondering where your return has gone, you may start by visiting the IRS’s Where’s My Refund? page to see if it has arrived yet. According to the IRS, you will need the following items in order to do so:

  • It is necessary to provide your Social Security number (SSN) or individual taxpayer identification number (ITIN)
  • Your current filing status
  • The precise amount of your refund

You may check your refund status by clicking on the Check My Refund Status button, entering the necessary information, and receiving results. Unfortunately, this tool does not give a great deal of information on the reasons for your money being delayed.

It may suggest you to contact the Internal Revenue Service, from which you should be able to obtain further information. However, the IRS advises against calling until one of the following two conditions is met:

  • It’s been at least 21 days since you e-filed
  • The Where’s My Refund? page hasn’t shown yet. The IRS should be contacted, according to an internet tool.

7 Reasons for a Late Tax Refund

The Where Is My Refund? form has been open for at least 21 days; the Where Is My Refund? form has been closed. It is recommended that you contact the Internal Revenue Service using an online interface.

1. Your tax return contains inaccurate information

Numerical errors or other issues on your tax return might cause your refund to be processed more slowly. When an issue is identified, your return is flagged for human review, which means that an IRS employee will have to go through it one more time to determine where the problem occurred. This can cause the processing time to be extended by several days or even weeks.

2. Your return is incomplete

In addition, filing an incomplete return may result in an IRS review, which may result in a lengthier wait time for your refund. For example, if you submitted a paper return and forgot to include a critical piece of information, such as your Social Security number, or if you omitted to sign your tax papers, the IRS will not process your return until those items are crossed off the list.

3. You’re a victim of tax fraud

If your return is incomplete, the IRS may evaluate it, which may result in a lengthier wait time for your refund to be processed. Example: If you submitted a paper return and forgot to include a critical piece of information, such as your SSN, or if you missed to sign your tax papers, the IRS will not process your return unless those items are checked off on your list of required items.

4. Your refund was sent to the wrong bank

The quickest method to receive your refund is to file your return electronically. This is especially true if you’re utilizing direct deposit to receive your refund. That, of course, implies that you provide the correct account numbers for your financial institution. If you made a clerical error and entered the wrong routing or account number, your money may be transferred to someone else’s account. If your refund is mistakenly deposited into someone else’s bank account, you will need to contact the bank directly in order to recover your funds.

See also:  Where To Find Gross Income On Tax Return? (Correct answer)

5. You claimed certain tax credits

Tax credits are reductions in your tax liabilities that are equal to the amount of the credit received. Certain tax credits, such as the earned income credit (EIC) and the extra child tax credit, are frequently scrutinized by the Internal Revenue Service (IRS) because persons falsely claim these benefits. The fact that you claimed either credit might be the reason why your refund hasn’t yet been processed and sent.

6. You amended your return

The process of amending a tax return can also be time-consuming. The Internal Revenue Service (IRS) revised the regulations in 2020 to allow for the electronic submission of updated returns, albeit this change only applies to returns filed in 2019, 2020, and 2021. In order to alter an earlier tax return, you must send it in by postal mail. In such case, it might take up to three weeks for it to appear in the IRS system and another 16 weeks for it to be processed, resulting in a refund that could take several months to arrive.

If you owe certain types of debts, the Internal Revenue Service (IRS) may have seized a portion of your tax return and used it to pay them.

7. Your refund has been offset to pay a debt

If you owe certain obligations, such as unpaid child support, unpaid state taxes, or outstanding federal student loans, the Internal Revenue Service (IRS) may deduct the amount owing from your return. A note from the Bureau of the Fiscal Service of the United States Department of Treasury will inform you as to why your refund has been offset and which government agency is due money as a result of this action. You have the right to file a dispute with the agency that processed your return if you believe you owe money.

COVID-19 Impact

Depending on your situation, the IRS may deduct the amount of your refund from your refund if you owe certain obligations, such as unpaid child support, unpaid state taxes, or late federal student loans. If your refund is offset, you will get a notification from the United States Treasury’s Bureau of the Fiscal Service informing you of the reason for the offset and the agency to which the debt is owing. You have the right to file a dispute with the agency that issued your refund if you believe you have been wrongfully charged.

FAQs

According to the Internal Revenue Service (IRS), 90 percent of taxpayers who submit their returns online will get their refunds within 21 days after filing their returns. Having said that, a large number of refunds can be delayed for an extended period of time, sometimes dramatically. Due to a lack of sufficient manpower, COVID-19 has produced a considerable backlog for 2020 results.

What Are the Most Common Reasons for Delay?

When a tax return is incomplete or inaccurate, it may be necessary to file an amended return. Other reasons for a tax refund delay include tax fraud, claiming tax credits, owing certain debts for which the government may take part or all of your refund, and sending your refund to the wrong bank because you entered the wrong routing number on your return.

How Do I Check My Refund Status?

A tax refund can be delayed for a variety of reasons, including an incomplete return, an inaccurate return, an amended return, tax fraud, claiming tax credits, owing certain debts for which the government can take a portion or all of your refund, and sending your refund to the wrong bank due to an incorrect routing number.

The Bottom Line

The reasons listed above are some of the most prevalent causes of a delayed refund. A refund might also be delayed if the package is misplaced in the mail. Another risk is that your reimbursement will be taken from your mailbox without your knowledge. And a government shutdown, such as the one that occurred in January 2019, might result in a lengthier wait time for your return to be completed and your refund to be processed and mailed to you. If the Where’s My Refund? tool is unable to provide you with any answers, you can seek assistance from your local IRS office.

Why Your 2022 Early Tax Return Will Be Delayed

If you expect to get a tax refund, the most popular piece of advise is to submit your tax return as soon as possible after receiving it. There is no longer any justification for allowing the government to keep your money. The filing of your early tax return will be delayed for certain filers this year, due to a variety of factors, including new regulations, identity theft, and others. During the last few years, the number of cases of identity theft involving taxes has increased dramatically. In order to mitigate the risk of financial loss as a result of identity theft, Congress approved legislation requiring the Internal Revenue Service to postpone delivering refunds to those who claim certain deductions (the ones most likely used by identity thieves).

In particular, a large number of first-time filers will have difficulty dealing with concerns relating to the Advance Child Tax Credit.

The unfortunate reality is that many honest people may have their tax returns delayed by many weeks as a result of this.

While this is not a negative development, it does represent a lengthier wait time than in previous years. To be more specific, you may check out our projected tax refund calendar to find out when you can expect to get your tax return.

Advance Child Tax Credit Reconciliation

The Internal Revenue Service (IRS) began delivering Child Tax Credit payments to qualified families on a monthly basis last year in an effort to provide more cash to families in need. As a consequence, almost 35 million families throughout the United States began getting this assistance. Please note that this additional payment was essentially an advance on your child tax credit for fiscal year 2020-22! As a consequence, you’ll need to reconcile any payments you’ve made, and you may find that you owe the IRS a refund or that you’re entitled to more funds.

In addition to keeping this letter with your tax records, you may need to refer to it when submitting your 2021 tax return during the 2022 tax filing season, if you received an advance Child Tax Credit payment.

Therefore, we believe that many early filers may have their tax returns held up at the IRS as a result of the new Child Tax Credit, which was just implemented.

IRS Staffing

Earlier this year, the IRS began distributing Child Tax Credit payments to qualified families on a monthly basis, in an effort to provide additional assistance to those in need. A total of 35 million households across the United States began getting financial assistance as a result of this legislation. Please note that this additional payment was essentially an advance on your child tax credit for fiscal year 2020. Consequently, you’ll need to reconcile any payments you’ve made, and you may find that you owe a return to the Internal Revenue Service or that you’re entitled to more funds.

In addition to keeping this letter with your tax records, you may need to refer to it when submitting your 2021 tax return during the 2022 tax filing season, if you received an advance Child Tax Credit payment during that year.

Consequently, we predict that many early filers will have their tax returns held up by the IRS as a result of the new Child Tax Credit.

Delays For EITC and Child Tax Credit

A crook’s strategy is to file as many tax returns as possible in the shortest amount of time. You see, the IRS operates on a first-come, first-served basis when it comes to processing requests. If someone else files your tax return in your name before you do, and then steals your refund, they are the ones who have won the race. For the government, they will end up paying you the right return, but they will also have lost the money that was diverted to criminals in the first place. The simple truth is that they are delaying your tax return because they do not want to incur any further financial losses.

If you’ve been a victim of identity theft, you’ll have to submit a slew of paperwork to the Internal Revenue Service in order to get the identity theft issue fixed.

It’s a lengthy procedure that is not always straightforward.

The purpose of this exercise is to determine whether or not two tax returns have been submitted for the same individual. If you’re concerned that you’ve become a victim of identity theft, you may find additional information on our frequently asked IRS questions and answers page.

What Types Of Tax Returns Does This Impact?

To get away with it, you submit as many tax returns as possible in as short a period of time as you possibly can. Remember that the IRS operates on a first-come, first-served basis when it comes to processing requests. If someone else files your tax return in your name before you do, and they then take your refund, they are the ones who have won the game. The government will end up giving you the right refund, but they will also have lost the money that was diverted to criminals. Overall, they are postponing your tax refund because they do not want to incur any further financial losses.

  • The IRS will need you to produce a slew of paperwork if you are the victim of identity theft.
  • From a few weeks to several months, this process might take place.
  • Some refunds will now be held until February 15, 2022, as part of the IRS’s effort to counteract this.
  • Check out our frequently asked questions and answers about the Internal Revenue Service for further information if you believe you are a victim of identity fraud.
  • The Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) are two of the most popular tax credits.

The Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) are two of the most popular tax credits available.

How Long Do I Have To Wait For My Refund?

So, how long do you expect my tax return to be delayed? It all depends on the situation. The Internal Revenue Service (IRS) continues to estimate that 90 percent of taxpayers will get their refunds within 21 days. If you file early, the Internal Revenue Service will hold your refund until February 15, after which it will begin processing your return. As a result, you may experience a delay until the middle or end of February. Using information from previous years, we’ve created a projected tax refund schedule that we feel is quite accurate.

If you want to get a head start on your taxes, have a look at our recommendations for the best tax software for first-time taxpayers.

Are you still waiting for your tax refund? You’re not alone.

CLEVELAND, OHIO — Claudia Longo is not a person who procrastinates in any way. According to her, she files her taxes early every year. This year, she filed her paperwork in February. “We’re generally quite early in the filing process.” “I don’t like to leave things till the last minute,” Longo explained. “It’s generally really quick, and the money is in the bank within minutes.” However, this year, unlike previous years, was markedly different. The American Rescue Plan, which became law in March, provided that the first 10,200 dollars in unemployment compensation would not be considered taxable income.

  • After we did that, the IRS declared that everything would be done automatically, including unemployment benefits, but it was too late for us because we had already submitted the modification, she explained.
  • In the beginning, she claimed, she was only checking her bank account and thinking, “This is unusual,” she said.
  • “Sometimes you have to wait for an hour before being kicked out of the line.
  • She is referred to as her accountant.
  • ‘It stated that it had not been processed,’ she explained.
  • Meltrice Sharpe is a certified public accountant who also serves as the managing partner of CLE Consulting Firm.
  • Sharpe stated that they, too, are receiving a large number of inquiries from clients inquiring as to when they would receive their tax returns.
  • “People aren’t getting their returns as quickly as they are used to,” he added.

According to her, “it is not that your tax preparer has done something incorrectly; it is simply that there is a backlog.” “During the same hour or two that you would be on hold, we would be on hold, and we would be on hold as well.” “We’re going to have the same issues that you’re having,” says the author.

  • She pointed out that when you include in a pandemic and a labor shortage, the IRS’s already difficult situation becomes even worse.
  • “They’re rewriting the tax code and tax regulations on a continual and constant basis, and they’re doing it with archaic systems,” Sharpe explained.
  • “This is a very tragic circumstance.
  • Sharpe said that the best course of action is to avoid calling the IRS since you are unlikely to be able to speak with someone who can help you with your case.

According to Sharpe, “It won’t tell you why your reason is being held up, but it will tell you,” in certain cases, that they’ve received your explanation, that it’s being processed, or that it’s been suspended.” Longo and Sharpe had similar ideas on how to resolve the issue, suggesting that it may be time for political leaders to step in and assist the community.

  • To recruit additional people and conceive of new novel ways to do things, it will be necessary to secure funds, according to Sharpe.
  • Sen.
  • She spoke with a person who she is hopeful would be able to move things forward for her.
  • Strong believes that the backlog will not be cleared any time soon and that the sheer number of processing refunds will cause the bottleneck to continue until the 2021 tax season, according to Sharpe.
  • Brown and Sen.
  • Brown’s office has not responded to our inquiries.

“Rob has reached out to the Internal Revenue Service and encouraged them to resolve their backlog and other customer service problems.” According to the Internal Revenue Service (IRS): The Internal Revenue Service is opening mail within typical timescales, and all paper and electronic individual tax returns received before to April 2021 have been processed if there were no problems or if the return did not require further examination.

  • As of July 24, 2021, we had 14.7 million individual tax returns that had not yet been processed.
  • The IRS is taking longer than 21 days to process any related refund in these instances because we are not communicating with taxpayers, but special handling by an IRS employee is required.
  • if, as a consequence, an adjustment is made to any RRC, EITC, or ACTC claims filed on the return, the IRS will write a letter to the taxpayer explaining why the correction was made.
  • for their specific refund status and to study the information on our website.
  • How long you may have to wait is as follows: The Internal Revenue Service recognizes the importance of timely processing of tax returns and issuance of refunds.
  • We are continuing to move tax returns and taxpayer correspondence from places that are behind to locations where there is more personnel available, and we are taking other steps to reduce any delays that may be experienced.
  • It is possible that the processing of the return, whether it was submitted online or on paper, will be delayed due of a mistake, including inaccuracies relating to the Recovery Rebate Credit, a lack of information, or suspicions of identity theft or fraud.
See also:  Who Needs To File California State Tax Return? (Solution)

If we want further information or require you to certify that it was you who submitted the tax return, we will mail you a letter stating our request.

What you should do is as follows: In most cases, there is no need to take any more action, however you may check Where’s my refund or see your account if you choose.

If you filed on paper, look for the message Where has my refund gone?

We’re putting out significant effort to clear the backlog.

When it comes to revised returns, there are various instances in which this is appropriate: The IRS does not require any action from the majority of taxpayers, and they do not need to contact them.

Taxpayers should file an updated return if they have any of the following circumstances:

  • Did not include a Schedule 8812 with the original return in order to claim the Additional Child Tax Credit, but are now eligible for the credit after the unemployment compensation exclusion
  • Did not include a Schedule EIC with the original return in order to claim the Earned Income Tax Credit (with qualifying dependents), but are now eligible for the credit after the unemployment compensation exclusion
  • Are now eligible for any other credits and/or deductions that are not listed below. Did not include a Schedule 8812 with the original return in order Incorporate any necessary paperwork or schedules into your package

If a taxpayer does any of the following, he or she does not have to file an updated return:

  • When the unemployment exclusion is applied to a tax return that has already been filed, the IRS will determine the correct taxable amount of unemployment compensation and tax
  • There will be an adjustment to any non-refundable or refundable credits reported on the original return as a result of the exclusion
  • And the following credits will be available to them if they did not claim them on their original tax return but become eligible when the unemployment exclusion is applied: In the absence of eligible dependents, the Recovery Rebate Credit, the Earned Income Credit, or the Advance Premium Tax Credit may be available to you. The Internal Revenue Service will compute the credit and include it in any overpayment
  • Filed a married filing joint return, lived in a community property state, and reported a lesser exclusion amount on Schedule 1, line 8 than was legally required

When the unemployment exclusion is applied to a tax return that has already been filed, the IRS will determine the correct taxable amount of unemployment compensation and tax; there will be an adjustment to any non-refundable or refundable credits reported on the original return as a result of the exclusion; and the following credits will be available to them if they did not claim them on their original tax return but become eligible after the unemployment exclusion is applied: For those who do not have any qualified dependents, they can take advantage of the Recovery Rebate Credit, Earned Income Tax Credit or Advance Premium Tax Credit.

if you submitted a married filing joint return, live in a community property state, and recorded a lesser exclusion amount on Schedule 1, line 8 than is allowed, the IRS will compute the credit and include it in any overpayment,

Tax return accepted? Here’s how to start tracking your refund

When the unemployment exclusion is applied to a tax return that has already been filed, the IRS will determine the correct taxable amount of unemployment compensation and tax; there will be an adjustment to any non-refundable or refundable credits reported on the original return as a result of the exclusion; and the following credits will be available that were previously ineligible when the unemployment exclusion was applied: Recovery Rebate Credit, Earned Income Credit if there are no eligible dependents, or the Advance Premium Tax Credit are all possible options for you.

if you submitted a married filing joint return, live in a community property state, and entered a lesser exclusion amount than you were entitled to on Schedule 1, line 8, the IRS will compute the credit and include it in any overpayment;

How long will it take to get my tax refund?

Tax refunds are typically sent within three weeks by the Internal Revenue Service, but some taxpayers may have to wait a little longer to get their cash. In the event that there are any mistakes, or if you made a claim for the earned income tax credit or the child tax credit, you may have to wait a long time. A problem with your return’s processing can be resolved “depending on how quickly and accurately you respond, as well as the ability of IRS staff who have been trained and who are working under social distancing requirements to complete the processing of your return,” according to the Internal Revenue Service website.

If you filed your tax return by mail, the Internal Revenue Service estimates that it will take between six and eight weeks for your tax refund to arrive once it has been processed.

This means that if it takes the IRS the full 21 days to issue your return check and your bank the full five days to post it, you might be out of pocket for a total of 26 days before receiving your refund.

What money will arrive with my tax refund this year?

This year, there are a number of items that may be added to your tax return to make it more valuable. As is customary, if you overpaid your taxes in 2021, you will receive a refund of the money you overpaid. Parental benefits may include the remainder of yourchild tax credit money, as well as repayment for any money you spent on child care-related expenditures over the previous year if you qualify. Also, if you haven’t received your third stimulus payment yet, you may be eligible to get it when you receive your tax return.

What could cause my tax refund to be delayed?

The following are some of the reasons why your income tax refund may be delayed:

  • There are mistakes on your tax return
  • It’s a work in progress
  • It is suspected that your reimbursement is the result of identity theft or fraud. The earned income tax credit or the supplementary child tax credit was applied for on your behalf. Your return requires additional examination
  • The injured spouse allocation form (Form 8379(PDF)) is included in your return, and it might take up to 14 weeks to be processed.

If the IRS determines that a necessary tax adjustment must be made to a recovery rebate credit, earned income tax credit, or extra child tax credit claimed on your return, the IRS will email you an explanation of the situation. If there is a problem that has to be resolved, the IRS will initially attempt to resolve it without contacting you for your permission. But if it need further information, it will write you a letter to tell you.

How to use the IRS Where’s My Refund? tool

The IRS tracker tools require you to enter some personal information, including your Social Security number or Individual Taxpayer Identification Number, your filing status (single, married, head of household), and the amount of the refund in whole dollars that you can find on your tax return in order to check on the status of your 2021 income tax refund. Ensure that at least 24 hours have passed (or up to four weeks if you returned your item through mail) before beginning the refund tracking process.

  1. directs you to theGet Refund Statuspage where you may fill up your personal information before pressing the Submit button.
  2. If this is the case, you may be required to validate your personal tax information and try again.
  3. The Internal Revenue Service now provides a smartphone app, called IRS2Go, that allows you to monitor the status of your tax refund.
  4. Whether or not your return has been received, authorized, and dispatched will be visible to you.
  5. This tool is updated overnight by the IRS, so if you don’t see a change in your status after 24 hours or longer, check again the following day.
  6. In order to find out where your tax refund is, go to Where’s My Refund?
  7. If you are seeking for information on earlier years’ returns, go to yourIRS online account for further information.

The IRS2Go smartphone app allows you to check on the status of your refund. CNET image courtesy of James Martin

What do these IRS tax return statuses mean?

The IRS tracker tools require you to enter some personal information, including your Social Security number or Individual Taxpayer Identification Number, your filing status (single, married, head of household), and the amount of the refund in whole dollars that you can find on your tax return in order to track down the status of your 2021 income tax refund. Before you begin monitoring your refund, wait at least 24 hours (or up to four weeks if you mailed your return) after you received it. The IRS tool Where’s My Refund?

  • In the event that you input your information correctly, you will be sent to a page that displays the current status of your refund.
  • Even if everything appears to be accurate, you will need to provide the date on which you filed your taxes, along with the option of either filing electronically or by paper.
  • In addition to English and Spanish, it is also accessible in French and German.
  • Your Social Security number, filing status, and anticipated refund amount will be required in order to log in.
  • The timeframe by which you should expect to receive your money is determined when your return and refund have been accepted.
  • and enter the year of your most recent tax refund that the IRS has on file.
  • You’ll be able to view the total amount you owe, your payment history, crucial information about your most recent tax return, notices you’ve received from the IRS, and the address that the IRS has on file if you create your own personalized account.
  • Photo courtesy of CNET contributor James Martin
  • Received: The Internal Revenue Service has received and is working to process your tax return. When your return is approved, the IRS has processed your information and confirmed the amount of your refund, if you are due one. Sent: Your refund has been processed and is on its way to your bank, either as a direct deposit or as a printed check in the mail. (If you’ve moved, you can find out how to update your address on file here.)

Can I contact the IRS for additional help?

While you might try phoning the IRS to see whether your situation has changed, the agency’s live phone support is severely restricted. You should avoid filing a second tax return or contacting the Internal Revenue Service to inquire about the status of your return. For further information, the Internal Revenue Service directs visitors to theLet Us Help Youpage on its website. It also recommends that taxpayers seek in-person assistance from Taxpayer Assistance Centers. You can contact your local IRS office or call to schedule an appointment at 844-545-5640 to schedule an appointment.

Although the chances of receiving live help are minimal, the IRS recommends that you contact the agency directly only if it has been more than 21 days since you paid your taxes online or if the Where’s My Refundtool directs you to do so.

During regular business hours, you can reach us by phone at 800-829-1040 or 800-829-8374.

An IRS TREAS 310 transaction is listed on my bank statement. What does it mean?

If you get your tax return by direct deposit, the transaction may be identified as IRS TREAS 310 on your bank statement. It is sufficient to identify the transaction as a refund from a previously filed tax return in the form of an electronic payment by referring to the 310 code (direct deposit). Tax refunds can also be found in the description section by searching forTAX REF. Seeing a 449 instead of a 310 indicates that your return has been reduced to account for past-due debt.

Why is my tax refund coming in the mail instead of by direct deposit?

There are a variety of reasons why you could get your refund in the mail. Your money can only be electronically placed into a bank account in your name, in the name of your spouse, or into a joint bank account with another person. If that is not the case, you may be receiving numerous refund checks, as the IRS can only direct deposit up to three refunds to a single account at any given time. Additional refunds must be mailed to the customer. Additionally, your bank may reject the deposit, in which case the IRS will use this as the next best option to refund your money as promptly as possible.

Sign into your IRS account to double-check that the agency has the necessary banking information on file, just in case anything goes wrong.

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