Current:Home > MarketsWaiting on your tax refund? Here's why your return may be taking longer this year -WealthMindset Learning
Waiting on your tax refund? Here's why your return may be taking longer this year
View
Date:2025-04-12 10:18:18
While patience may be a virtue, the Internal Revenue Service has a way of reaching a person's limits of virtuosity.
Tax season is entering crunch time — with the deadline just over three weeks away — and people who filed earlier in the window may wonder why a return is taking so long to process.
The IRS has received 1.7% fewer returns this tax season but has processed 2% fewer returns this year compared to 2023, according to Forbes.
This year's tax filing window is narrower as it opened a week later and will close nine days sooner than in 2023.
Here's why your tax return may be delayed.
How long does a tax return take to process?
The IRS says that most refunds are issued within 21 days of being received.
The Revenue Service offers the "Where's my Refund" tool where filers can check the status of their returns.
The tool updates once a day.
What could be delaying my tax return?
The IRS says that tax returns can be delayed for the following reasons:
- It was sent by mail
- It contains errors or is incomplete
- It needs further review
- It is affected by identity theft or fraud
- It was referred to the IRS by the bank due to suspicious activity
- It includes an Injured Spouse Allocation form, which could take up to 14 weeks to process
What is the average tax refund?
The average tax refund issued by the IRS as of March 1 is $3,182, a 5.1% increase compared to the similar filling period in 2023. The trend may not hold as refund amounts dropped 13% between March and April, according to Barrons.
veryGood! (4557)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- You can now ask Google to scrub images of minors from its search results
- Researchers share drone footage of what it's like inside Hurricane Sam
- Unpopular plan to raise France's retirement age from 62 to 64 approved by Constitutional Council
- What to watch: O Jolie night
- The creator of 'Stardew Valley' announces his spooky new game: 'Haunted Chocolatier'
- Facebook is now revealing how often users see bullying or harassing posts
- See Sarah Paulson and Holland Taylor Turn Oscars 2023 Party Into Date Night
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- Here are 4 key points from the Facebook whistleblower's testimony on Capitol Hill
Ranking
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- TikTok Activists Are Flooding A Texas Abortion Reporting Site With Spam
- Gunmen kill 7 in Mexico resort, local officials say
- Oscars 2023: Hugh Grant’s Red Carpet Interview Is Awkward AF
- Buckingham Palace staff under investigation for 'bar brawl'
- Why Kelly Ripa Says “Nothing Will Change” After Ryan Seacrest Exits Live
- Transcript: Asa Hutchinson on Face the Nation, April 16, 2023
- Hackers sent spam emails from FBI accounts, agency confirms
Recommendation
New Orleans mayor’s former bodyguard making first court appearance after July indictment
Elizabeth Holmes grilled by prosecutors on witness stand in her criminal fraud trial
Emaciated followers found at Kenyan pastor's property; 4 dead
Their Dad Transformed Video Games In The 1970s — And Passed On His Pioneering Spirit
Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
Elizabeth Holmes testifies about alleged sexual and emotional abuse at fraud trial
Whistleblower's testimony has resurfaced Facebook's Instagram problem
Emily Ratajkowski's See-Through Oscar Night Dress Is Her Riskiest Look Yet