Why is my tax refund taking so long to process this year?
The agency is still trying to catch up on a backlog because of the pandemic. “It’s taking us longer than normal to process mailed correspondence and more than 21 days to issue refunds for certain mailed and e-filed 2020 tax returns that require review,” the agency said.
Is there a delay in processing tax refunds?
The IRS said it’s taking longer to process tax returns for the 2020 tax year, and up to a month longer to process amended returns. “It’s taking us more than 20 weeks (instead of up to 16 weeks) to process amended returns,” the agency said on its site. “Do not file a second tax return or call the IRS,” the agency said.
How long is the processing time for tax refund?
We issue most refunds in less than 21 calendar days. However, it’s possible your tax return may require additional review and take longer.
How far behind is the IRS on refunds?
The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer.
Is the IRS behind on tax refunds?
There are lots of reasons tax refunds are taking longer than 21 days. Tax returns are piling up at the Internal Revenue Service, and millions of taxpayers are experiencing refund delays beyond the typical 21 days or fewer for e-filed returns electing a direct deposit refund.
Why is my tax return still being processed after 2 months?
Some of the reasons are: you claimed the Earned Income Tax Credit and/or an Additional Child Tax Credit (if you claim either of these credits, the PATH Act requires processing to be delayed), you filed Form 8379 (Injured Spouse Allocation), you have a refund offset, the IRS found errors, inconsistencies, or missing …
Why is my tax return still being processed after a month?
Reasons Your Tax Refund Can Be Delayed Missing information. A need for additional review. Possible identity theft or tax fraud. A claim for an earned income tax credit or an additional child tax credit.
Why have I still not received my tax refund?
Undelivered Federal Tax Refund Checks If you were expecting a federal tax refund and did not receive it, check the IRS’ Where’s My Refund page. You’ll need to enter your Social Security number, filing status, and the exact whole dollar amount of your refund. You may be prompted to change your address online.
Why is it taking so long for my refund to be approved?
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. The IRS may send you instructions through the mail if it needs additional information in order to process your return.
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.