The IRS issues refunds, not TurboTax. This means that we cannot say for sure why you have not received your refund if it has been longer than 21 days since you e-filed.
You have a number of issues with your return with the dependent / nondependent issue and unemployment income. Then we add the items listed below.
The IRS says that it will issue 9 out of 10 refunds to taxpayers in less than 21 days. However, if:
- You have e-filed your 2020 Federal tax return,
- You are claiming a Recovery Rebate Credit (RRC) on line 30 of the 2020 1040 tax return, and
- Your tax return has been accepted by the IRS.
We suspect that the IRS will scrutinize stimulus payments that were issued against the tax returns that claim the Recovery Rebate Credit. We do not know how much delay that the IRS will incur in such cases.
Implementation of the American Rescue Plan will further strain the resources of the IRS. IRS live phone assistance is extremely limited at this time. For stimulus payment questions, call 800-919-9835.
Follow the TurboTax COVID Tax Center and the IRS Economic Impact Payment Information Center for further developments.
The dependent / nondependent issue is what generates your stimulus payments as a Recovery Rebate Credit (RRC) on line 30 of the 2020 1040 tax return. We have no rule-of-thumb as to how long that will delay your tax return.
I would agree with much of what Century Foundation is telling you. We do not know how the IRS will respond to this abrupt and mammoth change in tax policy half-way through the tax season with millions of tax returns already processed. This TurboTax Help states:
The IRS will provide additional guidance about what you need to do to take advantage of this relief if you already filed your 2020 tax return.
The Help also allows you to sign up for information as we learn it from the IRS.
I suspect that you will not have to amend your filed and accepted 2020 Federal 1040 tax return. But that is just a guess.
As involved as the project of correcting millions of filed tax returns half-way through the season might be, the IRS likely does not want millions of paper-filed 1040x amended returns overwhelming them.
Hope this helps.
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