The IRS still has millions of returns to process, according to new report. If you’re still waiting on your 2019 tax refund, you’re not alone. By the end of 2020, the agency still had a backlog of over 8 million individual returns and other transactions to process, according to a new report from the Treasury Department.
What will hold up my tax refund?
Can I call the IRS to see what’s holding up my refund? Even though the chances of getting live assistance are slim, the IRS says you should only call if it’s been 21 days or more since you filed your taxes online, or if the Where’s My Refund tool tells you to contact the IRS. Here’s the number to call: 800-829-1040.
When did the IRS start accepting refunds in 2019?
Your 2019 tax refund is for overpayment of taxes in 2019; The IRS began accepting 2019 tax returns on January 27, 2020. The first refunds in the nation were processed and issues within three weeks (although most were received within 10-14 days) of acceptance. Possible Reasons for a Late 2019 Tax Refund
What to do if you haven’t received your 2019 tax refund?
If you’d like to know more about why you haven’t received your 2019 tax refund, get in touch with us today. You can take advantage of a free consultation with a tax professional prior to partnering with an attorney. Are you up-to-date on recent tax laws, changes & information?
When will get my tax return?
When the IRS processes your tax return and approves your refund, you can see your actual personalized refund date. Even though the IRS issues most refunds in less than 21 days after we receive your tax return, it’s possible your tax return may require additional review and take longer.
Can a tax refund be held by the IRS?
If you’re concerned about your tax refund being held by the IRS because of unfiled returns, you have a couple of options to reduce or eliminate any extra wait for your current-year refund. The IRS doesn’t automatically keep tax refunds simply because you didn’t file a tax return in a previous year.
