What does refund still being processed mean?
- According to the IRS FAQ on the Where’s My Refund main page – this notification indicates that your return is being manually reviewed for some reason. Your bars have disappeared, and perhaps your refund amount is gone, and the message states that “Your tax return is still being processed.
Are 2021 tax returns 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. 23
Why are 2021 refunds taking so long?
What’s Taking So Long? 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 are my 2021 taxes still pending?
What does it mean if my e-file status is “Pending”? This simply means your e-filed tax return was sent, but hasn’t been accepted or rejected yet. It should generally get accepted or rejected within 24-48 hours of submitting.
What if my refund is still processing after 21 days?
If it has been over 21 days since your return was being accepted by the IRS (or 6 weeks if you filed a paper return) and the tax refund status has not changed or WMR has no updated message for delays, you can call the IRS and speak with an agent concerning your tax refund. 7
Is there a delay in tax refunds?
“IRS employees want to do more, and we will continue in 2022 to do everything possible with the resources available to us.” The IRS says most refunds are issued within 21 days of the return being filed.
When can you do taxes 2021?
The sooner you file your tax return, the sooner you’ll receive any refund due. That’s why some people like to file their return as early as possible. This year, the IRS will start accepting 2021 tax returns on January 24, 2022.
Why have I not received my tax refund 2021?
If you haven’t received your tax refund after at least 21 days of filing online or six weeks of mailing your paper return, go to a local IRS office or call the federal agency (check out our list of IRS phone numbers that could get you help faster). But that won’t fast-track your refund, according to the IRS.
Why is my refund still being processed?
REASONS TAX RETURN MAY TAKE LONGER TO PROCESS: Is affected by identity theft or fraud. Includes a claim filed for an Earned Income Tax Credit or an Additional Child Tax Credit using 2019 income. Includes a Form 8379, Injured Spouse Allocation, which could take up to 14 weeks to process. Needs further review in general.
How long can the IRS hold your refund for review?
The IRS can go back through three years’ worth of returns or review up to six years if they find a serious error.
Why is my tax return still processing after 5 months?
One reason for this is because the IRS may still be making changes to their processes. That could include updated security measures or process tweaks due to changes in the tax code. And if the IRS needs to update or make changes, it probably won’t make them until just before tax time.
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.
Where’s my refund telling me my information is wrong?
Look at your actual Federal return to get the Federal refund amount, i.e., your Form 1040, Line 35a. You can also try phoning the IRS refund hotline. I’ve seen it work for some users when the WMR tool didn’t. 800-829-1954.
Can I sue the IRS for holding my refund?
Generally, if you fully paid the tax and the IRS denies your tax refund claim, or if the IRS takes no action on the claim within six months, then you may file a refund suit. You can file a suit in a United States District Court or the United States Court of Federal Claims.
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?
The vast majority of refunds are processed in fewer than 21 calendar days in our experience. If your tax return requires further scrutiny, it is conceivable that it will take more time. My Refund Hasn’t Arrived the most up to current information about your return that is readily accessible For some 2020 tax returns that require review, such as those that contain inaccurate Recovery Rebate Credit amounts or those that utilize 2019 income to calculate the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC), the IRS is requiring more than 21 days to disburse refunds (ACTC).
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?
Once a day, generally at night, for 30 minutes. There is no need to check any more frequently.
WillWhere’s My Refund?give me my amended return’s status?
No, it will not provide you with information on revised tax returns. What happened to my Amended Return? can provide you with information on the current status of your amended return. The status of your modified return may only be researched by our phone and walk-in staff if it has been 16 weeks or more since you submitted it in.
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?
It is possible that all or part of your refund was used (offset) to pay off past-due federal tax, state income tax, state unemployment compensation debts, child support, spousal support, or other federal nontax debts, such as student loan debt. If you believe you may be entitled to an offset, or if you have any questions about an offset, you should contact the collection agency to which you owe the debt. We may have also changed the amount of your refund as a result of the changes we made to your tax return.
You’ll receive a notice informing you of the changes.
page will reflect the reasons for the refund offset. More information on refund offsets can be found in Tax Topic 203, Refund Offsets for Unpaid Child Support, Certain Federal and State Debts, and Unemployment Compensation Debts, which can be found here.
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
IRS begins 2022 tax season; urges extra caution for taxpayers to file accurate tax returns electronically to speed refunds, avoid delays
The deadline for IR-2022-18 is January 24, 2022. WASHINGTON — The U.S. Department of State has issued a statement saying that The Internal Revenue Service (IRS) today began the tax filing season for the year 2022 with an urgent warning to taxpayers to take additional care this year to file an accurate tax return online in order to expedite refunds and avoid penalties. The start of this year’s tax season – which occurs earlier than last year’s February 12 opening – means that the Internal Revenue Service (IRS) is already collecting and processing tax returns for the year 2021.
- Due to the Emancipation Day holiday in Washington, DC coming on April 15, the majority of taxpayers will have to file their returns by April 18.
- Chuck Rettig, Commissioner of the Internal Revenue Service, stated that taxpayers should exercise extra caution this year because of many significant tax law changes that took effect in 2021 as well as ongoing issues relating to the epidemic.
- Before submitting their taxes, we strongly advise people to double-check their work for correctness.
- The average tax refund received by taxpayers last year exceeded $2,800.
- “Some of the efforts that consumers may take to reduce delays include filing electronically and utilizing internet resources rather than phoning.” “IRS workers will do all in their power with the resources at their disposal to help taxpayers this year,” Rettig declared.
The Internal Revenue Service (IRS) appreciates you for submitting your taxes, which is an important part of assisting our wonderful nation.”
IRS tips for a smooth filing season:
Refunds are processed as quickly as possible through e-filing and avoiding paper returns: In order to minimize refund delays, it is more necessary than ever this year to file your tax return electronically with direct deposit and to avoid filing a paper tax return. Using software, a trustworthy tax expert, or the IRS’s Free File option on IRS.gov can help you get a tax refund more quickly if you need one immediately. Avoid delays by filing a tax return that is accurate: This year, the Internal Revenue Service (IRS) is urging people to double-check that they are prepared to complete an appropriate tax return.
- Beneficiaries of the EIP and the advance Child Tax Credit receive special attention: The Internal Revenue Service also advises those who got a third Economic Impact Payment or an advance Child Tax Credit in 2021 to exercise care.
- Incorrect entries made while reporting these payments may need a second evaluation of the tax return by the IRS, which will result in a significant delay.
- Individuals can also verify the amount of their payments in their Online Account, which is accessible at IRS.gov.
- This additional period is provided by the law in order to assist the IRS in preventing false refunds from being given.
- the most effective choice for assistance: When you need assistance, IRS.gov is the quickest and most convenient alternative.
- Avoid any unnecessary delays: Check IRS.gov first for information on refunds and answers to tax-related inquiries.
- The Online Account function has recently been expanded to provide for more accessibility by a larger number of users.
Consider submitting an application for CTC and other useful credits: People who do not normally file a tax return and who did not file a 2020 return or use the Non-Filers tool may still be eligible for important credits that they are eligible for, such as the Recovery Rebate Credit (stimulus payment), the Advance Child Tax Credit, and the Earned Income Tax Credit, even if they did not file a tax return in 2019.
- The Internal Revenue Service (IRS) urges persons in this category to file a tax return in 2021 so that they can claim all of the credits for which they are qualified.
- There is no need to make an appointment or wait in line because online tools and resources are available 24 hours a day, seven days a week.
- Additionally, via the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs, qualified taxpayers can get free one-on-one tax preparation assistance from volunteers around the country.
- Tips for completing your tax return for the year 2021: It is still possible for persons whose tax returns from 2020 have not yet been completed to file their tax returns for 2021 at this time.
- When filing online, taxpayers must have their most recent Adjusted Gross Income, sometimes known as AGI, from their most recent tax return.
- You may learn more about this by visiting Validating Your Electronically Filed Tax Return.
Taxpayers who have not yet filed their returns have until April 18 to do so; automatic six-month extensions of time to file are available to anybody who files Form 4868, Application for Automatic Extension of Time to File United States Individual Income Tax Return, by April 18.
Your tax refund might be delayed this year, the IRS warns
Electronic filing, rather than paper returns, provides the fastest refunds: In order to minimize refund delays, it is more crucial than ever to file your tax return electronically with direct deposit and avoid filing a paper tax return this year. Using software, a trustworthy tax expert, or the IRS’s Free File option on IRS.gov will help you get your tax refund faster. Make sure to file your tax return on time and accurately. This year, the Internal Revenue Service (IRS) is urging taxpayers to double-check that they are prepared to complete an appropriate tax return before filing their returns.
EIP and advance Child Tax Credit claimants should be given special attention.
Taxpayers should double-check their tax returns to confirm that the amounts they’ve received are appropriately recorded.
Taxpayers will get special letters from the Internal Revenue Service regarding stimulus funds and advance Child Tax Credit payment amounts.
Refunds for the Earned Income Tax Credit or the Additional Child Tax Credit are given in the following circumstances: Although qualified individuals can submit their tax returns beginning on January 24, the Internal Revenue Service is prohibited from issuing refunds including the Earned Income Tax Credit or Additional Child Tax Credit before the middle of February.
- Use online resources instead of calling.
- There are still a record amount of calls coming into IRS supported phone lines, far more than the agency can handle with its limited staff.
- Creating an Online Account on IRS.gov can also assist taxpayers in obtaining information more quickly and efficiently.
- Normally don’t bother with tax filing?
- In order to collect all of the credits for which they are qualified, the IRS urges taxpayers in this category to file a tax return in 2021.
- Online tools and resources are accessible 24 hours a day, seven days a week, with no need to make an appointment.
- The Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs provide qualified taxpayers with free, one-on-one tax preparation assistance around the country.
- Tips for completing your tax return for the year 2021 include the following items: It is still possible to file tax returns for 2021 for persons whose tax returns from 2020 have not yet been finalized.
- Individuals who file electronically must have their most recent Adjusted Gross Income, sometimes known as AGI, from their most recent tax return.
- For further information, please see Validating Your Electronically Filed Tax Return.
Taxpayers who have not yet filed their returns have until April 18 to do so; automatic six-month extensions of time to file are available to anybody who completes Form 4868, Application for Automatic Extension of Time to File United States Individual Income Tax Return (available online).
A challenging time
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.
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.
Early tax filers are expected to experience significant delays as a result of the IRS’s personnel shortage. The explanation is straightforward: because of the epidemic, many IRS employees will be forced to stay at home or become ill, causing delays. Considering that the IRS is still behind on processing mail and tax returns from the year 2021, we might expect delays in the processing of tax returns. The Internal Revenue Service (IRS) will launch e-File on January 24, 2022, in the year 2022. The IRS, on the other hand, stated in their notification that they were experiencing severe manpower shortages and that there was the risk for delays.
After months and months of work last year, the Internal Revenue Service is still behind schedule with regard to processing postal returns and responding to other correspondence.
Everything that requires the attention of a real human being is going to be delayed as a result of the pandemic’s staffing shortage. For the most up-to-date information, please see our Tax Refund Calendar.
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.
What Types Of Tax Returns Does This Impact?
However, it is crucial to highlight that not all tax returns are being delayed as a result of this new legislation. Only those tax returns that contain the following tax credits are being kept for examination:
- The Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) are two of the most popular tax credits.
Because they are what are known as Refundable Tax Credits, these are most likely the tax credits that criminals take advantage of the most. This implies that even if you do not owe any taxes as a result of having a low or moderate income, you may be eligible for a refund for these tax credits. If you’re a criminal wanting to make as much money as possible, you’ll almost certainly want to submit a tax return that includes these tax credits. Low and moderate income tax payers, on the other hand, would have to wait longer for their tax returns than they did in past years as a result of this change.
How Long Do I Have To Wait For My Refund?
Due to the fact that they are Refundable Tax Credits, they are most likely the tax credits that criminals take use of. Because of your low or moderate income, you may be eligible for a refund of these tax credits even if you do not owe any taxes at all. If you’re a criminal wanting to make as much money as possible, you’ll most likely want to submit a tax return that has these tax credits on it to maximize your earnings. Low and moderate income tax payers, on the other hand, would have to wait longer for their tax returns as a result of this change than they did in past years.
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.
Continue reading to learn more about the causes for the delays and how to avoid them in the future. Take the time to develop a complete financial strategy that goes beyond taxes and other financial obligations. Find a financial adviser in your area right now.
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!
How Can I Track My IRS Refund?
There are a variety of reasons why your tax refund may be delayed. It’s possible that your numbers and those of your employer did not match. Alternatively, you may have inadvertently missed a line—or perhaps an entire form. Or 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 cause for a delayed tax refund is that you filed a paper tax return. Because of the COVID-19 epidemic, there was an additional 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 apply.
Make a thorough financial strategy that goes beyond taxes.
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.
In the event that you claimed certain credits and have been waiting for a refund for several weeks but have not gotten a letter from the Internal Revenue Service, you may check the status of your refund on the IRS website by using the Where’s My Refund? 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.
- 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.
In addition, sending a check 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 incorrect bank account would cause it to be delayed.
Mistakes on Your Return
If you file an incomplete return, or if you make any mistakes on your tax return, the Internal Revenue Service will take longer to process your refund. Any possible reimbursement will be delayed as a result of this. Mistakes might include erroneous mathematical calculations or inaccurate personal data entry. With the help of a tax filing service, such as TurboTax, you can reduce the likelihood of mathematical mistakes on your tax return. The program will take care of the calculations for you.
- Consider the following scenario: you manually entered the information from your W-2.
- If there are any problems with your tax return, the IRS will notify you immediately.
- You may be able to avoid the hassle of having to file an updated return as a result of this.
- Consider the following scenario: you are filing a joint tax return with your spouse and you enter his or her Social Security number wrongly (SSN).
Incorrect Bank Info
The vast majority of taxpayers now get their refunds via direct deposit into their bank accounts. You should always double-check your account number and bank routing number after providing them. It is no one’s intention to lose out on a refund because it was sent to the incorrect bank account. If you made a mistake when entering your account information, there are a few options available. If you haven’t received your return from the IRS yet, you can request that they suspend the direct transfer.
- and 7 p.m.
- Alternatively, if the IRS has already delivered the payment, you will need to contact the banking institution to make arrangements.
- The Internal Revenue Service will subsequently give you a printed check for your refund.
- With Form 3911, you authorize the Internal Revenue Service to contact the financial institution on your behalf and seek to collect your refund.
- After the first trace is completed, banks have 90 days to reply to the Internal Revenue Service’s request for information.
A bank, on the other hand, is not compelled to give information to the Internal Revenue Service. Your final option, if the bank does not reply, is to file a civil lawsuit against the financial institution and/or the owner of the account into which your return was placed.
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:
- It is possible for the IRS to garnish your tax refund if you owe certain types of obligations. (Wage garnishment is the process of withholding money from you in order to use it for anything else.) The IRS will garnish your return for a variety of reasons, some of which are listed here.
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.
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.
iStock/LPETTET, iStock/anyaberkut, and iStock/AntonioGuillem are credited with the images. Derek Silva, CEPF® (Certified Environmental Professional). Derrick Silva is on a mission to make personal finance more accessible to the general public. 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.”
Still Waiting on Your Tax Refund? Here’s What to Do
iStock/LPETTET, iStock/anyaberkut, and iStock/AntonioGuillem are credited with the photographs. Derek Silva, CEPF® (Certified Environmental Protection Professional®). Dedicated to making personal finance more accessible to everyone, Derek Silva is on a mission. He contributes to SmartAsset by writing on a number of personal financial subjects, and he is 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 education.
Derek wants readers to take away from his work the following message: “Don’t forget that money is merely a tool to help you achieve your objectives and live the lifestyle you choose.”
Why Is Your Refund So Late?
Tax returns are normally processed and refunds are issued within 21 days after receipt by the Internal Revenue Service. This year’s tax season, on the other hand, is different. Working under COVID-19 constraints at the IRS hampered productivity, resulting in a backlog of work. The agency has also been faced with a slew of new demands, including three rounds of stimulus payments since the pandemic began, new monthlyChild Tax Credit payments, an additional round of Recovery Rebate Credit refunds, and an array of new tax laws and COVID-related benefits that have made tax returns more complicated for the 2020 tax year.
If your tax return has any of the following difficulties, your tax refund may also take longer to complete, according to the Internal Revenue Service:
- Omissions of pertinent information
- There is a need for more investigation
- Identity theft is a possibility. In order to qualify for the Earned Income Tax Credit or the Additional Child Tax Credit, you must: A Form 8379, Injured Spouse Allocation, which can take up to 14 weeks to be completed
How Can You Find Out Your Refund Status?
The IRS’s Where’s My Refund? tool or the mobileIRS2Goapp are the most efficient ways to track down the status of your refund. Either of these will provide you with the status of your tax return 24 hours after it has been received. One of the following will be displayed as your current status:
- The word “received” indicates that your return is being processed. The word “approved” means that your return has been accepted and that the amount of your refund has been authorized. Sent indicates whether your refund will be put into your bank account or mailed to you in the form of a cheque
The Internal Revenue Service (IRS) can be reached at 800-829-1040 for a status update if it has been more than 21 days after you e-filed your return or six weeks since you sent a paper return. Be forewarned: This is a potentially dangerous situation. There is a high volume of calls and a limited amount of capacity. During the normal tax season, just 3 percent of callers to the IRS “1040” hotline were connected to a live representative. Is there a straightforward method to expedite the processing of your refund payment?
Using electronic filing to submit your taxes (if you haven’t already done so) can help you avoid the substantial delays that occur when IRS employees physically enter information from paper tax returns onto computers.
If your refund check has been in your possession for more than 28 days after the IRS delivered it to you, you can make an online claim for a new check.
How to Pay Bills While You Wait for Your IRS Refund
If you’ve had financial difficulties as a result of the epidemic, you may find yourself in need of your tax return money to get through the rest of the year and beyond. If you want assistance with covering expenditures while you await your appointment, the following suggestions may be helpful:
- Make a hardship request to the Internal Revenue Service. If your return is being held up due to a temporary delay in processing, you can request that the IRS expedite all or a portion of your refund to meet hardship expenditures by calling (800) 829-1040 and explaining your case to a representative. This is reserved for severe circumstances, such as eviction notifications, utility shutoffs, and the inability to pay for medicine. Examples include eviction notices, utility shutoffs, and the inability to pay for medication. Your request can only be for a sum of money sufficient to address your immediate financial difficulty, and getting a partial payment may cause the balance of your payment to be delayed. Put your financial situation into survival mode. Reduce discretionary spending, make just the bare minimum on credit card bills, and put off significant purchases
- Take advantage of credit card deals with a 0 percent introductory APR. It’s possible to obtain a credit card with a zero percent intro APR on new purchases or balance transfers if you have strong credit and are confident in your ability to manage the account. In addition, your existing card issuers may offer 0% APR balance transfers, which you may utilize to buy yourself some time on other accounts—and save money on interest while you’re waiting for your return. Get a personal loan to cover your expenses. Although it’s best not to fall into debt while you’re waiting for crucial cash, a personal loan may be able to assist you receive the money you need now while still paying it back later on. Some lenders may be able to offer you with the emergency cash you want if they fund their loans fast. In order to obtain the most appropriate loan for you, you must:
- Make use of your excellent credit score in order to obtain the lowest feasible APR. Try to limit the amount of your loan to the amount of your return minus interest so that when your refund arrives, you can use it to pay off the balance of your loan. Inspect your loan to see if there are any penalties for paying off your loan early. Keep away from payday lenders, title lenders, and other high-interest sources of quick cash. High interest rates might result in you owing significantly more than the amount of your return.
- Look for quick money-making opportunities. Additionally, look for chances to make passive money. Two simple methods for making a few extra cash are doing a little gig work and selling your unwanted stuff on the internet. Inquire about financial aid. Private charitable organizations and government-sponsored disaster relief initiatives may be able to assist. Also consider credit counseling or comparable debt relief options for school loans or medical bills. Make any necessary adjustments to your withholding or estimations for 2021. If you receive a tax refund, it signifies that you have overpaid your taxes. It’s possible that if the same thing happens for the 2021 tax year, you’ll be able to lower your withholding or anticipated tax payments for the rest of the year. You will not get a large sum of money, but your take-home income may improve as a result of this arrangement. Prior to making any modifications, consult with your tax preparer or use the IRS Tax Withholding Estimator to see whether any adjustments are necessary.
Waiting Is the Hardest Part
Keeping track of the progress of your tax return and refund will not expedite the delivery of your funds. Some of your concerns about your tax return not arriving on time or your refund being intercepted by criminals may be alleviated if you useWhere’s My RefundorIRS2Go to discover where you are in the process.
In a letter to taxpayers, the Internal Revenue Service tells them that they are making work toward having 2020 refunds paid out—hopefully soon, before the 2021 tax season begins.
”I am needing the money right now to pay on my mortgage”: Taxpayers still waiting for 2020 refund
RALEIGH, N.C. (WTVD) – The city of Raleigh is preparing for a blizzard. With fewer than two months remaining in the year 2021, 9 million individuals are still waiting for their federal income tax refunds from the previous year, according to the IRS. “I haven’t heard anything yet,” said Anthony Knight, a resident of Raleigh. He has documentation proving that he filed his taxes in March of this year and has been waiting for his almost $8,000 return since then. Then he went on to say, “It’s the most aggravating thing in the world right now.” He claims to have phoned the Internal Revenue Service dozens of times for an update.
- Mary Tuck, a Roxboro resident, is also still waiting for her reimbursement from the year 2020.
- She is also battling cancer at the same time that she is suing the IRS for answers.
- Returns are being delayed when an error or inaccurate information is entered on a return, according to CPA Aradhana Aggarwal, who has her office in Durham.
- “Once the snag is established, the IRS is now so backlogged that everything takes an inordinate amount of time,” Aggarwal explained.
- Throughout the past year, ABC11 has reported the difficulties the Internal Revenue Service is experiencing in processing 2020 tax returns.
- The Internal Revenue Service worked hard over the last year to reduce the backlog, but it has not accomplished its goal.
In my experience, folks have been waiting for as long as five or six months, despite the fact that their returns were submitted electronically and that the usual processing period is still 21 days.” Aggarwal stated that retroactive laws, such as exempting up to $10,200 in unemployment benefits from taxation, as well as new IRS rules, were detrimental to the processing time.
- Some of the modifications are temporary, while others are permanent, but because of the numerous changes that have occurred, it has been extremely difficult for the IRS to keep up “” she explained.
- According to the government, it is having to rectify much more errors than in past years, and refunds for returns that require modification might take up to four months to process.
- The Internal Revenue Service (IRS) posted on the internet, “Tax returns are examined and processed according to the sequence in which they are received.
- If we can resolve the situation without contacting you, we will do so.
Your response time and accuracy, as well as the ability of IRS staff who have been trained in social distancing requirements to complete your return processing, will determine how long it will take to resolve these issues, which could range from 90 to 120 days “There are several reasons why your tax return may take longer to process:
- It is necessary to correct the amount of the Recovery Rebate Credit
- Is insufficient
- Has been compromised by identity theft or fraud
- A claim for an Earned Income Tax Credit or an Additional Child Tax Credit that is based on income from the current year is included. The package also contains Form 8379, Injured Spouse Allocation, which might take up to 14 weeks to be processed. In general, it is necessary to do more research.
THE STEPS TO TAKE IN ORDER TO RECEIVE YOUR REFUND If you haven’t received your tax return yet, you may check the progress of your application online at What Happened to My Refund? Alternatively, you may access your account online by clicking here. After filing online and receiving an acknowledgement, the IRS stated that you are not required to take any additional action beyond responding quickly to any requests for information that may be sent your way. You may check Where’s My Refund to see whether the IRS has received your paper return and if it says the IRS is processing or reviewing your return.
- According to the IRS, there is no need to submit a second tax return.
- While it may be difficult to get through, dialing first thing in the morning may be more successful because wait times are often less.
- to 7 p.m.
- WTVD-TV retains ownership of the copyright until 2022.
No Tax Refund After 21 days? Reasons Why and Tips on Contacting the IRS To Get an Update on Payment Delays for 2021-2022 Tax Season
According to the IRS, it takes a maximum of 21 days for nine out of ten tax payers to get a tax refund (if they are qualified) after their tax return has been submitted. However, this is still only an estimate based on previous IRS return schedules and is not a guarantee of a refund amount. Furthermore, if it takes an average of 21 days for 90 percent of tax payers to receive their refund, it takes a significantly longer period of time for the remaining 10 percent, or more than 15 million tax filers, to receive their refund.
Tax Refund Processing Expected to Continue in 2022
Following the pattern set by last year’s tax season, the IRS and the Taxpayer Advocate Service have already reported (see video) that the IRS is still dealing with a substantial epidemic of manpower shortages and financial restrictions. TurboTax can help you get the most out of your refund and tax advantages. Additionally, due to the continued backlog and human verification of previous year tax returns, many filers have reported delays in receiving their refund checks of several weeks or more.
Sadly, we are unable to provide the level of service and enforcement that our citizens and tax system deserve and require in many places.
We will keep looking for ways to make things better.
In addition, there are some useful debates in the comment box to the right.
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Why is it taking so long to get my tax refund?
To understand why processing has been delayed, it is necessary to first grasp the fund processing procedure itself. It all starts with the filing of your final tax return. It will take several days for the IRS to complete your tax return once it has been accepted (return received). If you are entitled for a tax refund, the IRS will distribute it once the tax return has been finished and the IRS has accepted your return (refund approved). Once the return has been sent out, a refund payment date will be accessible on the IRS Where is my Refund (WMR) website or IRS2Goapp (refund sent).
The Internal Revenue Service and tax experts have stated that there might be a plethora of causes for delays in processing tax returns, which could then influence the timing of your refund.
This includes the following:
- Your tax file has mistakes or is incomplete, which means that the Internal Revenue Service (IRS) will be unable to validate or match your data to their records. Particularly important are vital elements such as your or your spouse’s Social Security number, dependant data, or missing fields that are required to submit your return (e.g income). For this reason, adopting best-of-breed tax filing softwareis strongly advised, since it can identify many of these frequent filing problems before you file your return
- As a result, you will save time and money.
- Is harmed as a result of identity theft or fraud. If this is the case, you will see a notification on your screen and get a letter in the mail to authenticate your identification and explain the following steps. Ensure that you follow the instructions and supply the necessary information to the IRS in order for them to verify your identification.
- Incorrect bank account information has been provided. It is extremely crucial to verify (or triple) check that your account number and bank routing number are correct, especially because the majority of refunds are handled online. You don’t want to be forced to wait for a refund to be processed because it was sent to the wrong bank account. This has harmed thousands of people and even resulted in the delaying of the payment of stimulus cheques, which were dependent on your most recent tax return payment information.
- An Earned Income Tax Credit (EITC) or an Additional Child Tax Credit (ACTC) claim is included in this category (ACTC). The (PATH) law, which requires additional verification for these credits and does not enable returns with these credits to be processed until three to four weeks into the tax season, causes returns to be delayed early in the tax season. Furthermore, if your return includes changes for the advance child tax credit payments, you might expect further delays.
- Includes a Form 8379, Injured Spouse Allocation, which might result in delays of up to 14 weeks owing to extra (manual) processing and verification by the Internal Revenue Service
- The Internal Revenue Service should conduct further reviews in general. In most tax processing systems, automated checks are performed in order to identify typical red flags, which are subsequently highlighted for additional (human) processing. It is possible that this will add weeks to the processing of your tax return, as well as delays in the delivery of your refund.
- Because the IRS is concentrating on or processing other higher priority issues such as stimulus cheques or unprocessed past year tax returns, there are delays. Unfortunately, there is nothing you can do in this case and you will just have to wait for the Internal Revenue Service to catch up on refund processing. Given their personnel shortages, obsolete systems, and new credits they began issuing last year, such as theexpanded monthly CTC and the$10,200 unemployment taxbreak, the current tax year is expected to be a lengthy one, with months of waiting for refund payments to be issued. Fortunately, the IRS will pay interest on any missed refunds if they are lodged by the end of the tax season deadline
- This is a silver lining.
With electronic filing software such as TurboTaxtoefilereturns, you can avoid a lot of the simple errors or incomplete information-related issues that cause tax refund processing to be delayed. This is because tax software packages perform automated checks before submitting the return to the Internal Revenue Service. More information on IRS processing status’ on the WMR/IRS2Go tooor in thisRefund Schedule YouTube videoor this one if it has been more than 21 days since your return was approved may be found in thisRefund Schedule YouTube video.
What To Do Next?
After more than 21 days (or 6 weeks if you submitted a paper return) have passed since your return was approved by the IRS and the tax refund status has not changed or the WMR has not been updated with a new notice regarding delays, you can contact the IRS and talk with an agent about your tax refund. In any case, do not contact before 21 days, or otherwise the IRS will inform you that you must wait until the statutory period has elapsed. You can reach the IRS by phone at 1-800-829-1040 from 7 a.m.
local time Monday through Friday.
First and foremost, do not disregard these letters and make certain that you utilize this number since your chances of getting through to a live representative are better.
Calling the IRS to Check on Your Refund – 4 Options to Try
It is not always possible to speak with a live representative at the Internal Revenue Service, but the following are some choices to consider.
Hopefully, they may assist you in finding an actual person with whom to discuss your refund. Please note that you will need to attempt several times, so make sure you have a drink and plenty of patience available.
Option 1 (seems to be working this year)
- Call the Internal Revenue Service at 1-800-829-0582. Option 1 for English should not be selected. Wait for the automated voice to finish talking before continuing. Then type in extension 652 if necessary. Because of high call volumes, you may have to wait a while (and redial a few times), but you will eventually reach a live representative.
- Call the Internal Revenue Service at 1-800-829-1040. So, after selecting your preferred language, do not select Option 1 (refund information) or Option 7 (economic impact payment/stimulus check)
- Instead, select Option 2. Option 2 for “personal income tax” should be selected instead. then press 1 for “form, tax history, or payment.” then press 3 for “all other questions.” then press 2 for “all other questions.” then press 1 for “form, tax history, or payment.” You should not type anything when prompted to enter your SSN or EIN to gain access to your account information. You will be presented with a new menu once it has been asked twice. To ask personal or individual tax inquiries, press 2 on the phone. You should then be sent to an agent. If you receive the notification about excessive call volume, try again.
Alternatively, you can call the IRS Refund Hotline (800-829-1954) and follow the onscreen steps. Option 4: Contacting the National Taxpayer Advocate Service (see more about the TAS here) is another option for getting additional information about your return. The TAS is an independent organization inside the Internal Revenue Service that represents tax payers. However, they will be restricted in their ability to assist you until the IRS has begun processing your return and has entered your tax filing information into their computers.
You may see some further recommendations in this video on IRS phone numbers and advice for contacting a live representative.