How long does it take for IRS to approve refund after it is accepted?

It is taking the IRS more than 21 days to issue refunds for some 2020 tax returns that require review including incorrect Recovery Rebate Credit amounts, or that used 2019 income to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC).

When can I expect my 2021 tax refund?

2021 IRS Refund Schedule
2021 IRS Tax Refund Calendar
Date AcceptedDirect Deposit SentPaper Check Mailed
Apr 18 – Apr 24, 2021May 7, 2021May 14, 2021
Apr 25 – May 1, 2021May 14, 2021May 21, 2021
May 2 – May 8, 2021May 21, 2021May 28, 2021
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Mar 31, 2022

When can I file my 2021 taxes in 2022?

Jan. 24, 2022
IRS will start accepting income tax returns on Jan. 24, 2022. * = IRS may delay start of tax season by a week or so.

When should my tax return be approved?

Most taxpayers receive their refunds within 21 days of filing. If you choose to have your refund deposited directly into your account, you may have to wait five days before you can gain access to it. If you decide to request a refund check, you might have to wait a few weeks for it to arrive.

Are tax refunds delayed 2021?

The IRS says don’t wait to file, especially if you owe for 2021. People whose tax returns from 2020 have not yet been processed should still file their 2021 tax returns by the April due date or request an extension, the agency said.

Why is tax Day April 18, 2022?

For most taxpayers, the last day to file your taxes is April 18. Typically the deadline falls on April 15, but it was pushed back because of the Emancipation Day holiday in Washington, D.C. Taxpayers in Maine and Massachusetts have until April 19 because of Patriots Day.

Why are tax refunds delayed 2021?

Specifically, delays can happen if the return has errors, is incomplete, or if the filer is affected by identity theft or fraud. It’s also possible for a return to get delayed if the 2021 child tax credit or recovery rebate credit aren’t accounted for.

When should I expect my 2022 tax refund?

The IRS started accepting 2021 tax returns on Jan. 24, 2022.

2022 IRS refund schedule chart.
Date taxes acceptedDirect deposit sentPaper check mailed
March 15 – March 21March 28April 4
March 22 – March 28April 4April 11
March 29 – April 4April 11April 18
April 5 – April 11April 18April 25

How long does it take for the IRS to approve your refund 2022?

Most taxpayers who file electronically and choose direct deposit will get their refund within 21 days, assuming there are no problems with the return, according to the IRS.

Are refunds taking longer this year?

The IRS said it’s taking longer to process tax returns for the 2020 tax year, and up to a month longer to process amended returns. “It’s taking us more than 20 weeks (instead of up to 16 weeks) to process amended returns,” the agency said on its site.

How far behind is the IRS on tax refunds?

WASHINGTON — Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer. Many different factors can affect the timing of a refund after the IRS receives a return.

Why is my 2022 refund so low?

Your federal income tax refund could be smaller because of some past debt that’s owed. The Treasury Offset Program is able to immediately reduce your tax refund for specific past-due debts, including past due state income taxes and child support.

How long does it take IRS to approve refund 2021?

21 days
The IRS typically issues refunds in less than 21 days. You can use the IRS Where’s My Refund? tool or call the IRS at 800-829-1954 to check on the status of your refund, beginning 24 hours after you e-file. The IRS will provide an actual refund date as soon as your tax return and refund are approved.

Why haven’t I gotten my tax return yet?

If you haven’t received your tax refund after at least 21 days of filing online or six weeks of mailing your paper return, go to a local IRS office or call the federal agency (check out our list of IRS phone numbers that could get you help faster).

Why has my refund been accepted but not approved?

Accepted means your tax return is now in the government’s hands and has passed the initial inspection (your verification info is correct, dependents haven’t already been claimed by someone else, etc.).