Top Reasons Your Tax Refund Could Be Delayed
- Filing an incomplete tax return.
- Computation errors on the tax return.
- Social Security Number (SSN) mismatch.
- Filing a tax return early or late.
- Incorrect direct deposit information.
- Filing a paper tax return.
- Amending your tax return.
Is there a delay in tax refunds for 2020?
According to the IRS, 9 million taxpayers are still waiting for their 2020 tax refund. RALEIGH, N.C. (WTVD) — There are less than two months left in 2021, and according to the IRS, 9 million taxpayers are still waiting for their 2020 tax refund.
Why is 2020 tax refund 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.
Are refunds taking longer this year?
COVID-19 Processing Delays 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. However, it’s possible your tax return may require additional review and take longer.
Why have I not received my tax refund 2020?
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 can also call the IRS to check on the status of your refund.
Why is the IRS taking so long?
Why there’s a delay The IRS says most folks get their tax refund within 21 days of filing, but for the millions who have not, Garcia says it’s probably because their tax return is either missing some important documentation or their Social Security number has been stolen and used by someone else to file a return.
Why is my tax return still being processed after 21 days?
But common causes for tax return processing and refund delays include: Includes errors or is incomplete, which means the IRS cannot validate or match your data to their records. Especially for key items like your or your spouse’s SSN, dependent data or missing fields needed to process your return (e.g income)
How Long Can IRS hold your refund?
After 60 days, you’d need to file an amended return to reverse any errors and get your refund back. If the IRS thinks you claimed erroneous deductions or credits, the IRS can hold your refund.
How long will my refund say processing?
The IRS says: It should take 21 days to issue a refund once it has been processed. If it has been longer than this, several factors may be holding it up. Before you start to panic, take into consideration the process and what is going on with your paperwork.
Is IRS behind on refunds 2020?
The Covid pandemic caused a backlog of almost 8 million paper-filed business tax returns at the end of 2020, according to the Treasury Inspector General for Tax Administration. That’s a 3,230% increase relative to the same time in 2019, the watchdog said.
Who can I call about my tax refund?
Call us at 800-829-1954 (toll-free) and either use the automated system or speak with an agent.