Lifestyle

Where’s my IRS refund? Paper returns taking months to process



Are you still wondering where your tax refund is several months after you filed? You’re not alone and people’s patience is wearing thin.The IRS is further behind in processing returns in 2022 than it was this same time last year.The IRS shut down its offices for several months back in 2020 and ever since has struggled to recover, which means incredible delays in processing tax refunds, especially for people who filed paper returns.The taxpayer advocate says at the end of May, which is the most recent number available, the IRS had 21.3 million unprocessed returns, including 8.2 million personal returns.Last year, at the same time, that number was less than 20 million, with just 6 million personal returns.Before the pandemic, the taxpayer advocate said the IRS typically paid refunds on paper returns in 4 to 6 weeks.Now, it’s generally 6 months or more, so all you can really do is keep waiting.The IRS director promised to finally crush the pandemic backlog this year, but it hasn’t happened so far.Phone service is also a mess because many of the people who answer the phones are still helping process paper returns.Watch the video above for the full story.

Are you still wondering where your tax refund is several months after you filed?

You’re not alone and people’s patience is wearing thin.

The IRS is further behind in processing returns in 2022 than it was this same time last year.

The IRS shut down its offices for several months back in 2020 and ever since has struggled to recover, which means incredible delays in processing tax refunds, especially for people who filed paper returns.

The taxpayer advocate says at the end of May, which is the most recent number available, the IRS had 21.3 million unprocessed returns, including 8.2 million personal returns.

Last year, at the same time, that number was less than 20 million, with just 6 million personal returns.

Before the pandemic, the taxpayer advocate said the IRS typically paid refunds on paper returns in 4 to 6 weeks.

Now, it’s generally 6 months or more, so all you can really do is keep waiting.

The IRS director promised to finally crush the pandemic backlog this year, but it hasn’t happened so far.

Phone service is also a mess because many of the people who answer the phones are still helping process paper returns.

Watch the video above for the full story.



Source link

Leave a Reply

Your email address will not be published.