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Delay With Tax Return Question

Hi, I am one of the unfortunate people who the IRS has not yet issued a 2020 tax refund. I have the following questions:

1- If they issue interest with refund what happens if I file the 2021 return before 4/15?

2- Obviously I won't be able to claim the interest on the 2021 return because I don't know the amount

3- Will I have to file an amended return for 2021?

So crazy that I cannot get an update or status on my refund. Tried to but was on hold for over 3 hours and then got disconnected. Thanks for any guidance you can provide. 

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2 Replies

Delay With Tax Return Question

If the IRS sends you interest for the delayed processing of your 2020 return, you are not going to receive that interest until sometime in 2022---so it does not have to be entered on a 2021 tax return.   It will go on your 2022 tax return--next year.

 

Stop stressing over it and file your 2021 return if you are ready to file.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Delay With Tax Return Question

Thank you.....Got it because they aren't giving me the interest until 2022 its not reportable 2021. So great you responded!!

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