![]() You might want to wait to amend a return with minor errors until you've received the original refund, cautions Holland. Processing for an amendment can take an estimated eight to 12 weeks or more from the date the IRS receives the return.Īmending won't affect your original refund, of course. Amended returns for years prior to 2019 are ineligible for e-filing and must be mailed to the IRS. Beginning with 2019 tax returns, the IRS began accepting e-filed amended returns as long as the original return was e-filed. If you have made an error or need to make changes to your tax return after you've filed, you'll need to prepare an amended return. If the thief files first, your refund can be delayed for several months while the IRS verifies your information and tracks down the fraudulent return. The IRS delays processing returns bearing a Social Security number that has already been filed, so if you file first, the thief will be out of luck. Later filing also increases the possibility that you'll fall victim to identity theft, where someone uses your Social Security number to file a fake return and claim a refund. In one year, recalls Holland, returns filed prior to January 26 were delayed more than a week, because the IRS added new anti-fraud measures to their computer systems.įiling at the last minute can also delay your return, especially if you file on paper, due to the sheer volume of people filing at that time. These delays are usually minimal but can be avoided by waiting until the third or fourth week of the year. Changes to the tax code or procedures often happen at the last minute, and refunds can be delayed while the IRS updates their tax software. You may be anxious to receive your refund, but sometimes being an early filer works against you. Below, we’ll go into more detail about the most common reasons and how each can impact your refund timeline. There are several common reasons that your tax refund may be delayed. The length of the delay may depend on how backed up the IRS is on processing tax returns, whether you turn around requested documentation quickly, and whether you need to file an amended return. A tax refund could be delayed weeks or even months in some cases. ![]() Since there are several reasons your tax refund could be delayed, there’s no standard timeline for when you can expect the issue to be resolved. Today the burden of avoiding delays rests primarily on the taxpayer simple errors or oversights can lead to a delay of your tax refund. Most returns today are processed within three weeks, with many filers receiving their refunds even sooner. Fortunately, the turnaround time for tax return processing has sped up tremendously over the years, especially since the introduction of the IRS electronic filing, or e-file, system. When you're expecting a tax refund, the last thing you want to do is wait for it to show up. How long does it take to receive a tax refund? ![]()
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