Still waiting for your tax refund?
The IRS issues most refunds within 21 days of receiving your individual tax return, but sometimes a delay occurs. If 21 days passed and you haven’t yet received your refund, don’t panic; several reasons could justify the holdup.Since the agency now falls victim to numerous fraudulently filed returns, agents approach issuing some refunds more cautiously, which can result in processing delays.Whether you’ve waited longer than expected or you’re just curious, use the IRS’ “Where’s My Refund?” tool to track your reimbursement. Be prepared: you’ll need the social security number of either the taxpayer or spouse, the filing status (married filing joint/separately, single, head of household), and the exact refund amount you’re expecting.You can also access this data from your phone on the IRS2Go app.Either way, wait at least 24 hours after filing your return electronically, or four weeks after mailing it. The information updates once-a-day.If you e-filed your return more than three weeks ago or mailed it six weeks ago, call the IRS to speak to an agent. Allow plenty of time though, as hold times are long.We understand the frustration of late refunds and hope the IRS resources help answer your questions. If you still need further guidance on this or other tax accounting issues, contact the Patrick & Robinson CPAs team at Office@CPAsite.com or (904) 396-5400.