Why Do Some Refunds Take Longer Why do some refunds take longer than others SOLVED by TurboTax 2741 Updated December 11 2023 Even though the IRS issues most tax refunds within 21 days it s possible your return may require additional review and
Why it may take longer than 21 days for some taxpayers to receive their federal refund Internal Revenue Service COVID Tax Tip 2022 54 April 7 2022 The IRS issues most refunds in fewer than 21 days for taxpayers who Here are some reasons your tax refund may be delayed this year and tips for what you can do if yours is late
Why Do Some Refunds Take Longer
Why Do Some Refunds Take Longer
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The average tax refund issued by the IRS as of March 1 is 3 182 a 5 1 increase compared to the similar filling period in 2023 The trend may not hold as refund amounts dropped 13 between Most returns today are processed within three weeks with many filers receiving their refunds even sooner Today the burden of avoiding delays rests primarily on the taxpayer simple errors or oversights can lead to a delay of your tax refund How long can a tax refund be delayed
CBS News MoneyWatch Some tax refunds may be delayed this year Here s why By Irina Ivanova March 28 2022 5 24 PM EDT MoneyWatch Three weeks before the official end of tax The IRS is taking more than 21 days and up to 90 to 120 days to issue refunds for tax returns with the Earned Income Tax Credit and Child Tax Credit You should only contact the IRS if It s been 21 days or more since you e filed
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Some tax returns take longer to process than others for many reasons including when a return Is sent by mail Contains errors or is incomplete Needs further review in general Is affected by identity theft or fraud Was referred to the IRS by the bank due to suspicious activity Reason 1 IRS Taking Your Refund When the IRS issues refunds it mainly takes or reduces offsets refunds when taxpayers have debts to pay Here are the two most common situations You owe federal taxes and you haven t paid If the IRS took your refund to pay federal income taxes you owe you ll know it a few weeks after you file your return
There s no singular reason for a tax refund delay through the IRS Instead a multitude of different scenarios can affect how long it takes for you to get your refund back from Uncle Sam For example you The IRS is swamped this year and as a result your tax refund may take longer than usual Here s why
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Why do some refunds take longer than others SOLVED by TurboTax 2741 Updated December 11 2023 Even though the IRS issues most tax refunds within 21 days it s possible your return may require additional review and
https://www.irs.gov/newsroom/why-it-may-take...
Why it may take longer than 21 days for some taxpayers to receive their federal refund Internal Revenue Service COVID Tax Tip 2022 54 April 7 2022 The IRS issues most refunds in fewer than 21 days for taxpayers who
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Why Do Some Refunds Take Longer - Usually within 2 business days the money is out of my account However I ve just organised a refund for something and been told by my bank that it can take up to 7 days for a refund to process Why is that in this day and age Surely they should be able to instantly credit accounts or at least within 2 days the same as debit
