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The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain ...
As the tax filing period started a week later in 2024, more people are still waiting to get their refund. Year to date, the amount of tax refunds handed out is down 2%, or $3 billion.
A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington, D.C. The IRS is still too slow to process amended tax returns, answer taxpayer phone calls, and resolve ...
At the end of the 2021 tax filing season, the agency held 35.3 million individual and business tax returns for manual processing. Millions of tax refunds may be delayed as IRS backlog swells ...
The IRS lists the following issues that might extend the tax refund processing time and delay your refund: Amended return refunds take about 16 weeks. You’re filing an injured spouse claim.
The IRS issued a total of $334.8 billion in income tax refunds through Dec. 29, down 6.9% from the same period in 2022. The total number of refunds was down 4.4%.
If you haven't filed a 2023 tax return yet, carefully review any heavily promoted credits, and don't claim them if you don't qualify. You won't get an extra-large sized refund, instead you'll be ...
IRS likely won't clear its tax return backlog before 2023 begins, report finds ... that have been stored in the IRS cafeteria due to a lack of space at the Internal Revenue Service in Austin, Tx ...