It’s tax time again. You’re probably wondering if tax refunds are delayed in 2022 and when you will receive your check or direct deposit from the IRS. And you likely haven’t forgotten last year’s tax refund backlog—as of November 2021, approximately 9 million taxpayers were still waiting on refunds.
Unfortunately, last year’s tax return processing issues are already negatively impacting this year’s IRS processing schedule. Not everyone will experience delayed IRS correspondence, so what should you expect for the 2022 tax season?
In this post, we’ll cover 2022 tax season delays and what you can do to expedite your tax refund.
Are Tax Refunds Delayed? When Will I Get My Tax Refund in 2022?
If you file your taxes without issue and utilize direct deposit, the IRS states that you should receive your 2022 tax refund within 21 days.
Are you claiming the Child Tax Credit or Earned Income Credit on your taxes this year? Did you claim a third Economic Impact Payment? If so, your refund may be delayed. Claiming these benefits means your return may need extra review. And due to laws preventing fraudulent refunds, the IRS cannot dispense refunds including Earned Income Credit and Child Tax Credit before mid-February.
How to Get Your Tax Refund Faster in 2022
1. Submit an accurate tax return.
Double check your math and ensure you’ve included all necessary documents. If you aren’t sure what to do, contact an accountant to help you file your taxes.
2. File with direct deposit.
Speed up the tax refund process by eliminating the extra paper processing and post mail transit time.
3. File your tax return electronically.
Any extra paper included in this year’s tax process leads to additional processing delays. Filing your taxes electronically is both faster for you and the IRS.
4. Need help? Go to irs.gov instead of calling them.
The IRS is receiving a record number of calls, and they’re having trouble keeping up. Use their online resources to find your answer as quickly as possible. Still need help? IRS Free File is available for filers who earned $73,000 or less in 2021. Alternatively, make an appointment with a tax accountant.
I Still Haven’t Received My Refund for the 2020 Tax Year. What Do I Do?
You can still file your 2021 tax return even if your 2020 return is still being processed by the IRS. If you are filing electronically, be sure to enter $0 for last year’s Adjusted Gross Income (AGI).
If you still have questions regarding your 2021 tax year refund or are having trouble putting your tax return together, contact us today!