If you file too early, some of the tax forms you need may not be finalized for handling yet by the IRS. This delays your refund since the IRS won’t process a return until their software is ready to handle all necessary tax forms. The sudden glut of tax returns can cause processing delays.
Why is my IRS refund still pending?
- Other reasons your refund may be delayed per the IRS. Additional or random security checks – especially if fraudulent activities were associated with your filing in the past. Amended returns require additional, and manual processing, which can see refunds delayed for up to 16 weeks.
Why is my 2020 refund taking so long?
Be aware that the IRS is still facing a backlog of unprocessed individual returns, 2020 returns with errors and amended returns that require corrections or special handling. And while refunds typically take around 21 days to process, the IRS says delays could be up to 120 days.
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 my tax refund still delayed?
Your refund may be delayed if you made math errors or if you forgot to sign your return or include your Social Security number. It may also be delayed if your dependents’ information doesn’t match IRS records, or if you left out a corresponding schedule or form to support a deduction or credit, says Pickering.
Why are tax 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 taxes still processing 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 the IRS hold my refund for review?
The IRS can go back through three years’ worth of returns, or up to six years if they find a serious error.
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. Thank you for your patience. The IRS issues more than 9 out of 10 refunds in less than 21 days.
Can I call the IRS about my refund?
Call us at 800-829-1954 (toll-free) and either use the automated system or speak with a representative.