The IRS says it sends 9 in 10 refunds within 21 days, although the agency has also warned taxpayers this year that they shouldn't bank on getting refund checks by any specific date this tax season. That spending comes after millions of taxpayers suffered delays in processing their returns during the pandemic, with the IRS struggling to keep up due to staffing issues and a lack of modern equipment to scan and process paper returns. Under the Inflation Reduction Act, the agency was allocated $80 billion over the next decade to beef up enforcement, hiring and its technology. It added that the IRS has also whittled down its backlog of unprocessed returns. One positive note: The IRS appears to be in a better position to process returns quickly than in prior pandemic years, given its hiring of more than 5,000 new telephone customer service agents and more in-person staff to help people file their returns, Bank of America said. The refund processing timeline Refunds from most error-free return s will be processed in 6-8 weeks. Once you receive your check in the mail, you must deposit the check into your bank account or cash it using a check-cashing service. ![]() If the IRS fails to process it within this time period, the interest would be added to the refund. Your refund is mailed with a check to the address listed on your Income Tax return. And more returns include refunds than last year, although the average amount is lower. Usually, the IRS has a 45-day interest-free processing window if the tax return is submitted on time. For forms and publications, visit the Forms and Publications search tool.Because of the jump in early filings, the IRS has issued more refunds so far compared with a year earlier, Bank of America noted. We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool.įorms, publications, and all applications, such as your MyFTB account, cannot be translated using this Google™ translation application tool. For a complete listing of the FTB’s official Spanish pages, visit La esta pagina en Espanol (Spanish home page). In general, you can expect your refund to take longer than previous years as we continue our efforts to prevent identity theft and fraud. If you file a paper return, the timeframe is extended. These pages do not include the Google™ translation application. If you file your return electronically and have your refund directly deposited into your checking or savings account, you will receive your refund faster. We translate some pages on the FTB website into Spanish. You can use the tool to check the status of your return within: 24 hours after e-filing a tax year 2022 return 3 or 4 days after e-filing a tax year 2021 or 2020 return 6 months or more after filing a paper return Where’s My Refund has a tracker that displays progress through 3 stages: (1) Return Received, (2) Refund Approved and (3) Refund Sent. If you have any questions related to the information contained in the translation, refer to the English version. Any differences created in the translation are not binding on the FTB and have no legal effect for compliance or enforcement purposes. ![]() The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide. Por favor espere 3 o 4 das despus de presentar electrnicamente sus declaraciones de impuestos del ao tributario 2020 y 2021. Consult with a translator for official business. Puede verificar el estado de su reembolso de impuestos sobre los ingresos para 2022, 24 horas despus de la presentacin electrnica. This Google™ translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only.
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