The tax system has undergone sizable challenges since the two-year-long pandemic began in early 2020. As of Dec. 4, 2021, the IRS said it had a backlog of 6.7 million unprocessed individual returns and 2.6 million unprocessed amended individual returns.2 days ago
How far backlogged is the IRS?
Backlog of 2020 returns interferes with this year's tax filing season. The IRS has its own internal watchdog, the National Taxpayer Advocate. In her annual report to Congress this month, the advocate, Erin Collins, said that in 2021, the agency had a backlog of some 35 million returns that required manual processing.7 days ago
Why is the IRS taking so long to process my refund?
What's Taking So Long? If you don't receive your refund in 21 days, your tax return might need further review. This may happen if your return was incomplete or incorrect. The IRS may send you instructions through the mail if it needs additional information in order to process your return.Jan 7, 2022
Does the IRS have a backlog of paper returns?
"Paper is the IRS's Kryptonite, and the agency is still buried in it." As of late December, the IRS had backlogs of 6 million unprocessed original individual returns (Forms 1040), 2.3 million unprocessed amended individual returns (Forms 1040-X), more than 2 million unprocessed employer's quarterly tax returns (Forms
How soon can I get my 2021 tax refund?
Most taxpayers will receive their refund within 21 days of when they file electronically if they choose direct deposit and there are no issues with their tax return, according to the IRS.
Has IRS started issuing refunds 2021?
The IRS says it will begin accepting and processing returns for the 2021 tax year on Monday, Jan. 24. The filing deadline is pushed this year to Monday, April 18, because of the Emancipation Day holiday in D.C. Taxpayers in Maine and Massachusetts have until April 19 because of their Patriots' Day holiday.
Is IRS backlogged 2021?
After a 'horrendous' 2021, the I.R.S. will start the tax season with a major backlog. At least 10 million returns from last year remain unprocessed because of short-staffing at the tax collector, according to the national taxpayer advocate.
Are tax returns being delayed in 2021?
The Treasury Department warned this week that this year's tax season will be a “frustrating” one, and that tax refunds will likely be delayed due to a massive backlog of unprocessed returns from 2021.