2321000
Hello.
I filed my taxes on April 11th. I have not received any updates since then when TurboTax said that my return was accepted by the IRS. I have yet to receive my refund. How long will it take to process and when should I expect my refund? Has anyone else experienced this?
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TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS. Many refunds are taking longer during the pandemic. The IRS is backlogged —-they are still trying to process millions of 2019 returns; they received millions of e-filed on the day they opened for 2020 returns, and now they are burdened with sending out another round of stimulus checks.
Some delays are resulting from incorrect amounts that folks entered for stimulus checks they received. Many people have been confused by the recovery rebate credit and completed it incorrectly. The IRS may delay your refund while they cross-check to see what you received. Some refunds are delayed because of the tax law changes that went into effect recently. If your return has unemployment or the premium tax credit on it, that may be delaying it.
First, check your e-file status to see if your return was accepted:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 34of your 2020 Form 1040) of your federal refund to track your Federal refund:
To track your state refund:
https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund
https://ttlc.intuit.com/questions/1901548-why-do-some-refunds-take-longer-than-others
If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing.
https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
https://ttlc.intuit.com/questions/2840013-does-accepted-mean-my-refund-is-approved
From this IRS website - https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue
As of May 15, 2021, we had 300,000 individual tax returns received prior to 2021 in the processing pipeline. Including current year returns, as of May 15, 2021, we had 16.4 million unprocessed individual returns in the pipeline. Unprocessed returns include those requiring correction to the Recovery Rebate Credit amount or validation of 2019 income used to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC). This work does not require us to correspond with taxpayers but does require special handling by an IRS employee so, in these instances, it is taking the IRS more than 21 days to issue any related refund. If, as a result, a correction is made to any RRC, EITC or ACTC claimed on the return, the IRS will send taxpayers an explanation. Taxpayers are encouraged to continue to check Where’s My Refund? for their personalized refund status and can review Tax Season Refund Frequently Asked Questions.
I am aware of this. It has been accepted. It has also been 73 days since that acceptance. Just trying to figure out why the time frame has tripled.
@s3br3n Your refund is delayed along with millions of other refunds. The IRS is backlogged due to the pandemic. They began the tax season already behind because of the pandemic, it just kept getting worse for them. They had to send out millions of second stimulus payments at the end of 2020 and early 2021, then Congress changed the tax laws and they had to change tax forms, recalculate millions of refunds, etc, etc etc., then issue a 3rd round of stimulus checks.........AND try to gear up to start sending out advance monthly payments for the child tax credit to millions of people. The IRS is underfunded, understaffed and is using obsolete computers. A perfect storm for a horrible tax season for the IRS and the millions of people who just need their refunds.
https://abc7.com/irs-refund-tax-delay-returns-status/10435366/
https://money.yahoo.com/taxpayers-waiting-to-get-last-years-tax-refund-190333088.html
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