![]() 15, but the IRS is saying to expect your refund by the first week of March.īoth new rules mean that, for the first time, the IRS will have the information and the time it needs to question more returns before issuing refunds. The IRS can’t release these refunds before Feb. Delayed refunds containing the earned income credit (EIC) and/or the additional child tax credit (ACTC).Moved up the deadline for employers to send Forms W-2, which show taxpayers’ wages and the income tax withholding they paid, and Forms 1099 reporting payments made to independent contractors.That’s why, starting in the 2017 tax season, Congress gave the IRS more tools to question refunds. EITC/ACTC Tax Refunds Delayed Until Late February And rushing this process creates the opportunity for return errors and improper refunds. When the IRS quickly issues refunds, there isn’t always enough time to check returns for accuracy. Quickly paying out refunds causes concern for the IRS and the U.S. You can find additional details on the IRS website. The IRS suggests that you continue to check the Where’s My Refund site for updates. If your return meets these criteria, the IRS will manually review your return, and it may take an additional 90 to 120 days to receive your refund. applied the lookback rule to use your prior-year earned income to calculate your Earned Income Tax Credit (EITC) or the Additional Child Tax Credit.claimed a Recovery Rebate Credit and the amount you claimed does not match what the IRS calculates you are eligible for.And this post will tell you why you may see a delayed tax refund.įor 2020 tax returns only: The IRS has indicated your refund may take more than the normal 21 days if you: It’s a fact - “ Where’s my refund” is a common question we get here at H&R Block. But what if your tax refund is delayed, leaving you wondering, “ When will I get my tax return (meaning your tax refund)?” It prides itself on paying most refunds within 21 days of filing. ![]() The IRS knows your refund is important to you. For most people, their tax refund will be most significant payment of the year – and they rely on that check.
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