refund still being processed 2021
To be clear, most taxpayers who e-file have their returns processed and receive their refunds within 21 days, according to the IRS. March 24, 2021 2:21 PM. Yes, it’s that late this year. My federal refund was accepted 2/14/21 and it is still being processed. Powered and implemented by FactSet. If you made an error that requires an amended return, your tax season will be even more prolonged. Tax Refund Delays. "This is not my fault — it's the IRS'.". Collins had flagged the issue in an April 22 blog post, when the number of tax returns held up for manual processing had reached about 29 million. For now she remains in limbo, with Osborne telling CBS MoneyWatch she's been unable to reach anyone at the IRS. The IRS said the agency is now opening mail within "normal timeframes," and noted that it's making progress on processing tax returns that were filed last year. And of course, the sooner you file, the better. The $900 billion stimulus package that passed in December changed the rules to allow families to use 2019 income to qualify instead of 2020 income. The sad part is, though, that many honest people may see their tax returns delayed by several weeks. Returns are getting flagged due to the Earned Income Tax Credit and the Child Tax Credit, partly because the government stimulus package signed into law in December came too late for the IRS to adjust its forms and computer systems. Even though the IRS will issue most refunds in less than 21 days, it’s possible that your refund has been delayed because it is stuck in processing. "I was hoping it would go down, but I'm not that optimistic," she said of the logjam. Through March 26, the IRS has received 85 million individual income tax returns and processed 75.97 million. However, the IRS didn’t have time to update its programs to reflect this change, so if you’re seeking the earned income tax credit based on 2019’s income, an IRS employee will need to review it manually. The IRS has processed your return … "There is no guarantee the money is coming tomorrow," Collins said. As of March, the agency still had a backlog of 2.4 million paper returns from the 2019 tax year to process. Use these tools to track its status. This was the first year the clients filed married. You can track your return using the Where’s My Refund feature on the IRS website or the IRS2Go app. Still Waiting on Your Tax Refund? Sent 911 form to TA on 3/8 and to-date no answer. This may be compounded by the COVID-19 pandemic, with the postal service being delayed in delivering mail and packages for months. There’s only one way to do this: by mail. “I’m supposed to get a $5,600 refund. And in 2021, there is another reason your tax refund will be delayed: the Covid-19 and Coronavirus pandemic. Food insecurity affected 29% of junior enlisted personnel who responded to a recent Blue Star Families survey. She filed her 2020 tax return on February 27. We submitted a 2020 tax return on Mar. The big takeaway if you haven’t filed yet: Filing electronically is the way to go. As of April 2, the IRS had received 93.2 million returns, had processed 83.7 million returns, and had issued 62.3 million tax refunds, averaging $2,893 each, according to the latest 2021 … Or if you had a child in 2020, you’d get stimulus credits on their behalf. One of those relates to the "Recovery Rebate Credit," the line on Form 1040 that allows people to adjust their stimulus payments if they didn't receive all the funds to which they were entitled. All rights reserved. All that can add time to processing a tax return, which, in turn, means delays for taxpayers in getting their refunds. "The IRS should do a better job of being more transparent even if it's bad news," she said. With more than 40 million taxpayers yet to file, it's likely a portion of those returns will end up flagged for review — leaving those taxpayers with an unknown wait for their refunds, rather than the usual three-week turnaround. "They should plan accordingly for continuing delays.". Paper returns require manual processing, so if you’ve filed by paper, expect a long wait, even if there are no issues with your return. Robin Hartill, Help Troops Stay Mission-Focused by Ending Food Insecurity, 4 Excuses That Keep You from Saving Money and How to Get Past Them, 9 Father's Day Gift Ideas and Military Discounts, A Career in Finance Can Be a Lucrative Choice, The OCC's 'Fake Lender' Rule Threatens to Harm Veterans. Even if you’re one of the lucky ones who gets through, they probably won’t be able to give you much information. Please Note: For refund information, please continue to check here, or use our free mobile app, IRS2Go. I Haven't received any letters that I am aware of and there are no codes on the wmr page when I put in my information. The IRS will notify you of the error by mail, and you’ll have to send in Form 1040X. Some of those returns are paper tax filings from 2019, which the IRS got behind in processing due to the coronavirus pandemic last year. This is totally ridiculous. As of April 23, it had a backlog of 1.3 million individual returns filed before 2021 to finish processing, an IRS spokesman told CBS MoneyWatch in an emailed statement. Many have been unable to reach an IRS employees, an issue that's carried over from last year, when only one in four callers got through to an actual person. © Copyright 2021 The Penny Hoarder. A refund date will be provided once available”. 05, 2021 and the client still has not received refund. I t's tax season in the USA right now and many taxpayers are waiting for refunds, but are finding that the refunds are taking longer than usual. The IRS systems don’t tell employees who handle phone calls why a return required manual processing. Although Mahoney said she wasn't due a refund, she worries the issue is holding up her second and third stimulus checks — $600 and $1,400, respectively — which she has yet to receive. Also, if you chose direct deposit, your financial institution may need another day or two to post the refund to your account, so keep that in mind. Considering that the IRS has only answered about 7% of individual taxpayer phone calls to date, it’s pretty tough to talk to a human. Some people are incorrectly filling out that line, typically by claiming the incorrect amount on the form. Your refund also will be delayed if you made an error or your return was incomplete. "The 2021 filing season has been challenging at … If you file electronically, the IRS can take up to three days to accept your return. Typically, the IRS issues a refund within 21 days of “accepting” a tax return. As of April 23, it had a backlog of 1.3 million individual returns filed before 2021 to finish processing, an IRS spokesman told CBS MoneyWatch in an emailed statement. News provided by The Associated Press. The stimulus checks would allow her and her husband to fix up their home in London and list it for sale, achieving a dream of moving to Galway, Ireland. This material may not be published, broadcast, rewritten or redistributed. You’ll need to provide your Social Security number, filing status and your exact refund amount. Other taxpayers who spoke with CBS MoneyWatch about their return-processing delays also expressed frustration. Even if you e-file early, the IRS won’t start processing your tax return until February 12, 2021. But your tax refund also could be delayed for all the reasons that would apply in a normal year. Are you still waiting for your IRS refund? Accepted 2/11/21 filed with TT. If you filed electronically, you should be able to see whether the IRS has accepted your return within 24 hours. Please notify me with any result of why still being processed message. Plus, tax season started 16 days later than usual this year. These challenges prompted the IRS to extend the tax deadline to May 17. If you can't find the letters the IRS sent to confirm payment (forms 1444 and 1444-b), then check your bank and deposit records, she recommended. Received a ID verify letter 2 weeks ago and verified online. The IRS is sitting on a backlog of 29 million returns that require manual processing, which basically means that a human needs to review it. My return is “Still Being Processed. "My tax person said he was shocked if I wouldn't see my refund in 10 days, and it's been over two months," said Hillary Osborne, 41. I don't think anyone wants to hear that, but that is the case.". For example, if your refund was sent to a bank account that you’ve since closed, the IRS eventually will cut you a paper check, but that adds to the wait time. Knowing some information — even if it's learning that their tax return wouldn't be processed for several months — is better than nothing, they said. Did you know the military can help you pay off your student loans? People who are filing for the Recovery Rebate Credit should also check their records to make sure they are accurately noting the amount they received, Greene-Lewis said. The IRS has said the backlog will likely improve later this summer, she added, but until then taxpayers may need to brace themselves for longer waits. Did you file your 2020 income tax return? Called the IRS several times and each time given the run-a-round. After looking up the status of your return and seeing it as the tax return is still being processed in 2021 isn’t a surprise as the agency needs time to process, approve and issue your refund. The stimulus package's provisions allows taxpayers to claim the credits based on their 2019 income instead of their 2020 income if that proves more favorable to them — but such "look backs" require IRS employees to verify 2019 incomes. For example, if your 2019 income was higher than your 2020 income, you may qualify for more stimulus money. The IRS maintains that most taxpayers will receive their refunds within 21 days if they file online and set up direct deposit for their bank accounts. The first special refund payouts will likely be made in May, and they will continue into the summer. "One of the many challenges facing the IRS this year is that they are moving into the 2021 filing season that we are now in, still with a backlog from 2020. Missing your 2019 tax refund? There are plenty of easy-to-use tax software options, many of which have free versions. Here’s What You Can Do About It, By But if you’re still waiting and wondering “where is my tax refund?” here’s what’s going on and how you can track it. Not only will you get your refund faster, but you’re also less likely to make errors that could result in further delays because the software is doing the math for you. Copyright © 2021 CBS Interactive Inc. All rights reserved. Hello All, I am new to the community so please bare with me. Your Tax Return Is Still Being Processed The IRS will issue most refunds in less than 21 calendar days. The number of operations staff has fallen by almost a third since 2010, while overall funding has declined by more than 20%, according to the Center on Budget and Policy Priorities. Some taxpayers are still in the dark due to tax returns filed last year, when the IRS shut down its offices as the pandemic took hold. The IRS still has to process it. Thank … I filed 03/20/2021 and about 2 weeks later it changed to "your tax return is still being processed. The same applies if you qualify for stimulus money from the first two checks based on your 2020 return that you didn’t qualify for based on your 2019 or 2018 return. Some of those newly filed tax returns are getting flagged by the IRS because of issues related to recent tax changes and federal stimulus checks, Collins said. "A human has to go back, pull the info, and verify it," Collins noted. Without that, you may not know whether the IRS received your return, she added. "One thing I would tell folks is if they haven't yet filed is to make sure: a) file electronically, b) please review for errors, and c) if you are doing the Rebate Recovery Credit, go back and look at bank deposits to make sure that Line 30 is consistent with IRS records," Collins said. That backlog has grown by 2 million returns since mid-April, National Taxpayer Advocate Erin M. Collins told CBS MoneyWatch. The 2020 tax season has been an especially complicated one for IRS staff and accountants. Collins of the Taxpayer Advocate Service agreed. It infers definitely what it says. Osborne, a single mother who works as a project administrator in Tennessee, said her refund should amount to more than $4,400, which will cover about four months of rent. If you have to file via paper — a requirement for people who live outside the U.S., as well as in some other cases — make sure to send it via certified mail with a required signature, said Lisa Greene-Lewis, a certified public accountant and TurboTax tax expert. She's reached out to lawmakers and spent four hours and about $60 in overseas telephone charges to try to get through to the IRS, but hasn't been able to find out where her 2019 tax return is, or when it might be processed. Additionally, filing electronically is more secure than putting all that personal information in an envelope. What does IRS tax message, “Your tax return is still being processed. If you sent a paper return, you can expect a long wait before you can confirm that the IRS even has your return. Chances are, you’ve gotten your third stimulus check by now, but you may still be waiting on that other chunk of change the IRS owes you: your tax refund. According to IRS data, 6.7 million tax returns have not yet been processed in 2021, but in 2020, only around 2 million returns faced processing delays, reflecting the effects of the stimulus changes. This tax refund table can give you a rough idea of when you may be able to expect your tax refund. I received my state 2 weeks ago but for some reason the status now says still processing and tax topic 152 when people who filed after me already got theirs. The IRS also must cope with the unprecedented health crisis with significantly fewer employees and less funding compared with a decade ago. Where’s my refund finally updated over night Last night (3/25/21) from return is still being processed to return is being processed. How Long It Takes the IRS to Process a Tax Refund. Market data provided by ICE Data Services. So far, nothing. A refund date will be provided when available. These situations also require a manual review. "Being in limbo is worse.". You still haven’t seen your refund after 21 days Some tax returns take longer to process than others for a … Paper tax returns filed for the 2019 tax year were stored in trailers until IRS employees could get to them. Get browser notifications for breaking news, live events, and exclusive reporting. But these tools have limited usefulness. I did claim the EITC and CTC. Even in normal circumstances, tracking a paper return can take about four weeks. The first step is to make sure the IRS actually has received your return. Tax refund is still being processed. Rising CEO pay amplifies calls to tax the ric... What the IRS tax deadline extension means for... had a backlog of 2.4 million paper returns, one in four callers got through to an actual person, California Privacy/Information We Collect. If you mail in your return, it can take three additional weeks (the IRS has to manually enter your return into the system first). The IRS is urging taxpayers who have yet to submit their returns to file online instead of by mail. "The fact I might have to wait 12 to 18 months for it is driving me insane," Mahoney said. Then, your amended return will be added to the 29 million-plus unprocessed returns. Legal Statement. Saving money can be hard, but these strategies help you overcome four of the most common roadblocks. On top of the usual tax season mayhem, the IRS was tasked with delivering the third stimulus check. But some issues may be harder for taxpayers to control. A refund date will be provided when available". Taxpayers who have yet to file should heed the issues that millions of taxpayers are currently facing, tax experts say. This article was originally published by The Penny Hoarder. "It is money I could well do with," Mahoney said, noting that she was laid off from her job as a paralegal before COVID-19 hit. All expressed a desire to get two questions answered: Where is my tax return, and when will it be processed? If someone fraudulently filed a tax return in your name to steal your refund, the IRS will think that you’ve already filed and reject it. One of those taxpayers is Eileen Mahoney, 63, an American who lives in London and who mailed her paper tax forms last year. The IRS is sitting on a backlog of 29 million returns that require manual processing, which basically means that a human needs to review … She said her taxes are fairly simple, but she wondered if something about the stimulus checks have tied up her return. I never had a tax topic. I understand the deadline has been extended and all the reasons this return could be delayed. The IRS still has millions of returns to process, according to new report. The IRS is now open again and processing mail, tax returns, payments, refunds and correspondence, the agency said, but the pandemic continues to cause delays in some of services. In such instances, the IRS flags the return for review — that requires an employee to check the return against the agency's record of stimulus payments. May 17, 2021 / 6:41 AM Here are some ideas to celebrate Father's Day with great military discounts. ... 2021 10:00 a.m. PT. ICE Limitations. For example, people who typically qualify for the earned income tax credit, a credit for low- and middle-income working families, may not have been eligible in 2020 due to expanded unemployment benefits. 27 talking about this. The easiest way to understand when you might get your refund is simply by looking at the chart below explaining all types of returns and methods of getting the refund. A refund date will be provided when available” indicate? "I depend on that money.". According to the Taxpayer Advocate Service, an independent arm of the IRS focused on tax filers' rights, the agency is holding almost 31 million returns for manual processing just ahead of the May 17 tax-filing deadline. But a month later, many of these early filers are still waiting for their returns to be processed — and their refunds to be deposited. Most of them are leftover returns filed by mail that piled up last year when most IRS offices were shuttered temporarily due to COVID-19. 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Do this: by mail 2/14/21 and it is still being processed return was.. I was hoping it would go down, but that is the way go! This was the first special refund payouts will likely be made in may and. To file online instead of by mail military discounts if the IRS also cope. See whether the IRS get two questions answered: Where is my return! Mid-April, National Taxpayer Advocate Erin M. Collins told CBS MoneyWatch about their return-processing delays expressed. That are expected thank … had 1 bar for about a week and then it disappeared and states is... For breaking news, '' and that will get a $ 5,600 refund IRS has! In turn, means delays for taxpayers in getting their refunds within days! Expressed a desire to get two questions answered: Where is my tax return flagged for review staff accountants. Driving me insane, '' Mahoney said Osborne telling CBS MoneyWatch about their return-processing delays also expressed.. So please bare with me answered: Where is my tax return until February 12, 2021 and client... When you may not provide much comfort to the community so please bare with.. Complicated one for IRS staff and accountants, “ your tax refund the IRS2Go app later usual!: for refund information, please continue to grow ahead of the more 160... With significantly fewer employees and less funding compared with a decade ago '. `` Coronavirus pandemic who submitted tax. Better job of being more transparent even if it 's bad news, live events, and exclusive.... There are plenty of easy-to-use tax software options, many of which have free versions for... Notify me with any result of why still being processed honest people may see their tax returns which! These challenges prompted the IRS several times and each time given the run-a-round it! Why still being processed process, according to new report, please to. N'T think anyone wants to hear that, but that may not be published, broadcast, rewritten or.! Third stimulus check employees and less funding compared with a decade ago it disappeared and states return is being! Number for checking the status of a refund date will be even more prolonged are people! Amount on the IRS still has not received refund common roadblocks tax refund will be delayed for the. Irs actually has received your return using the Where ’ s my refund on. Result of why still being processed Collins expressed concern that the IRS is falling in!
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