Refunds are generally issued within 21 days of when you electronically filed your tax return or 42 days of when you filed paper returns. If it’s been longer, find out why your refund may be delayed or may not be the amount you expected.
Why is my refund still processing 2021?
REASONS TAX RETURN MAY TAKE LONGER TO PROCESS: Needs a correction to the Recovery Rebate Credit amount. 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.
Are tax 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. Thank you for your patience. The IRS issues more than 9 out of 10 refunds in less than 21 days.
Why is the IRS taking so long to process my refund?
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.
Is IRS still backlogged?
The IRS reports that as of Nov. 3, it was still buried under 6.8 million individual tax returns waiting to be processed. But the agency has already handled more than 166 million of this year’s returns — up 3.9% versus the similar stats from this time in 2020.
Is the IRS backlogged?
Good news: The IRS has reduced its tax year (TY) 2020 tax return inventory backlog down to about 10 million paper returns in need of processing and about 5.7 million returns in need of additional information from taxpayers before processing. Had over 1.7 billion visits to IRS.gov.
How far behind is the IRS in processing tax returns?
And while refunds typically take around 21 days to process, the IRS says delays could be up to 120 days.
Why is my refund stuck in processing?
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.