Could be a number of things. Did you have unemployment benefits. So to not have to process thousands of amended returns, if you had unemployment benefits the IRS could be holding your return for processing once their systems are updated for the American Rescue Plan Act that excludes the first $10,200 of unemployment benefits if your adjusted gross income is less than $150,000.
If you have earned income credit and/or additional child tax credit, it is probably delayed. Returns with either of these credits are covered under the PATH act, which gives the IRS authority to delay the refund to verify dependent information on your return. For 2020, the IRS was not issuing refunds for these returns until the 1st week of March at the earliest.
Do you have any refund offsets such as back taxes, student loans, child support, state obligations (Court costs), etc. This could delay your refund and you will be receiving a notice in the mail.
Did you claim the Recovery Rebate Credit? The IRS is matching stimulus payments to amounts claimed as Recovery Rebate credit on tax returns. If you made a mistake, your refund will be adjusted, delayed, and you will receive a notice in the mail.
Keep checking IRS.gov "Where's my Refund" for the most up to date information.
Click here for more information on refund delays.
