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More than 163 million tax returns were received in 2024, a 0.9% increase compared to 2023, according to the IRS. The IRS said it expects more than 140 million individual tax returns for tax year ...
Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. ... order before you start filling out your 2024 income tax return can make the process a lot ...
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.
NEW YORK (AP) — Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a new online tool to help taxpayers check the status of ...
The survey of 1,000 U.S. adults also found, "of those who depend on their refund to make ends meet, nearly half (45%) say it’s because of the rising cost of living and necessities (i.e. housing ...
CADE will increase the speed of tax return processing. Under the current system, processing tax returns can take as long as one week and taxpayers have to wait between 14 and 35 days for the IRS to deposit their refund or mail them a check. Using CADE, tax returns will be generally completed within 24 hours and deposits issued within 48–72 hours.