The Internal Revenue Service has announced that tax refund delays will continue due to the lack of infrastructure and equipment available to the federal agency
Photo: Karolina Grabowska / Pexels
Saturday, September 28
New IRS Tax Refund Delay: How the Delivery Schedule Comes
Now the tax refund from the Internal Revenue Service (IRS) will take a little longer to reach your hands. The federal agency reported that is experiencing a delay in sending refund money from taxpayers who filed taxes during 2019 Y 2020 .
The IRS usually sends the Most returns within a period of no more than about three weeks and sometimes in about 21 days since you filed your tax return .
Not something for be alarmed, however, the experts in paying taxes assure that if you will receive your refund, however the process will take a little longer. This year the wait could be from six to eight weeks for some taxpayers. There are 6 million refunds that have not yet been sent by the IRS, however the delay of that money could be generating interest .
According to the National Taxpayer Ombudsman, the IRS is withholding approximately 29 millions of declarations for manual processing . It says that the stimulus package of 900, 000 millions of dollars than former President Donald Trump signed in December did not allow the IRS enough time to prepare to deal with some of the tax code changes.
The IRS has posted the following message on its refund page: “Refund processing delays are taking us longer to process mailed documents, including paper tax returns and all tax return related correspondence.”
If you submitted your tax return on paper it is sure that the tax refund time will be longer to whom it was presented in digital format . According to information from the IRS, the federal agency is still processing 100, 000 refunds you are overdue of the year 2019.
In case a tax presenter assures you that they can expedite the process of your refund could be a hoax . Remember that the speed of delivery of refunds depends only on the IRS and no one else.
The federal agency has mentioned since last year that has a limited staff in addition to being the office in charge of delivering the three rounds of the stimulus check . A report presented by the Office of the National Taxpayer Advocate stated that: “ the IRS counts with outdated methods and information systems dating back to the decade of 1969 that have caused delays in tax refunds “.
You may be interested in:
We recommend you