Monday, December 23

How to get your tax refund as fast as possible


After two weeks of delay, the tax season has already started and the IRS calls taxpayers to comply with their tax obligations

Cómo obtener el reembolso de impuestos lo más rápido posible
Filing electronically speeds the delivery of tax refunds.

Photo: Shutterstock

The Internal Revenue Service (IRS) announced that it is ready for the season of tax that started this Friday, after a two-week delay, and made a call for taxpayers to file electronically to expedite refunds and avoid trouble due to Covid pandemic – 19 .

Ken Corbin , commissioner of the IRS Wages and Investments Division and the new director of Taxpayer Experience, stated at a press conference that “This season of tax is more im carrier that never file electronically and choose direct deposit for reimbursement ”.

Explained that the majority of taxpayers that declare through “e-file” will receive their refunds in less than 21 days and that to know the status of your return can use the tool “Where is my refund” on the website of IRS .

The official explained that with the “e-file” taxpayers make sure to file the statement in updated forms , with the appropriate instructions and with the changes that have been made recently in the tax laws .

“It is the way more secure to file an accurate return and the quick way to get a refund “, emphasized the agency official, adding that the program ” Free File “ of IRS u other softwares considerably reduce the chances of errors being made and that the process takes delay .

For those who send your statements on paper , the IRS promises process them as quickly as possible , but Corbin cautioned that “ realistically, these taxpayers waiting for refunds should be prepared for a potentially long wait ” Due to the coronavirus pandemic .

The IRS reminded the taxpayers who have received unemployment assistance , whose number soared due to the crisis of the Covid – 19 , that such income are taxable .

Among some news, the agency highlighted that for the first time this year , the Forms 1040 Y 1040 – SR are available in Spanish , and the IRS has a new form which allows taxpayers to request to receive information in their preferred language .

The IRS expects to receive more than 160 million declarations of taxes individual until 15 of April, which is the deadline to declare in a timely manner.

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