Why is my tax refund delayed 2021?
This year, however, the mostly likely reason your tax refund is delayed is that you filed a paper return. There was an additional backlog of tax returns created by the COVID-19 pandemic. While IRS workers have been back at work for a while, there is always a chance this is still impacting your return.
What do I do if I haven’t received my refund 2020?
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.
Are refunds delayed 2021?
In total, 135.8 million returns were processed in 2021. The delay has been exacerbated by people being unable to come into work, and also with the swathes of financial support that the IRS is supporting Americans with. Many of the claims need to be hand-read, meaning excruciatingly slow turnover times for cases.
When should I call the IRS about my refund?
IRS.gov “Where’s My Refund?” Wait at least 21 days after electronically filing and six weeks after mailing your return to contact the IRS by phone.
Why are federal tax refunds delayed?
The IRS recently announced there may be delays in tax refunds this year for several reasons, including decreased budgets and staffing and new anti-fraud measures for the IRS computer systems. As of right now, the delays may cost taxpayers around a week or longer than the estimated tax refund dates.
How delayed are IRS refunds?
The standard processing delay for refunds is between 2 weeks to 1 month. Although, there is no written rule from the IRS, the refund is usually processed quickly as long as there are no issues with the return.
Why is my tax refund so low?
The total amount of taxes withheld is another reason why the tax refund of a taxpayer can be quite low. If you’ve filled out a new Form W4, it may result in a lower rate of taxes withheld or there might be issues with the way the employer calculated the taxes withheld.
Why is my refund taking long?
If you claim certain credits like the Earned Income Credit or Education credits in your tax return, the IRS announced that refunds these returns generate may take longer (under PATH act). So expect your refund to take longer in this case – possibly into April, even if you filed early.