Current:Home > MarketsWaiting on your tax refund? Here's why your return may be taking longer this year -Wealthify
Waiting on your tax refund? Here's why your return may be taking longer this year
View
Date:2025-04-18 13:02:43
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! (984)
Related
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- U.K. lawmakers back anti-smoking bill, moving step closer to a future ban on all tobacco sales
- Cheryl Burke recalls 'Dancing With the Stars' fans making her feel 'too fat for TV'
- New attorney joins prosecution team against Alec Baldwin in fatal ‘Rust’ shooting
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming
- What's the mood in Iran as Israel mulls its response?
- Unfair labor complaint filed against Notre Dame over athletes
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Alleged homicide suspect fatally shot by police in San Francisco Bay Area
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Here's how much Caitlin Clark will make in the WNBA
- Most student loan borrowers have delayed major life events due to debt, recent poll says
- Kid Cudi Engaged to Lola Abecassis Sartore
- Trump wants to turn the clock on daylight saving time
- Canadian police charge 9 suspects in historic $20 million airport gold heist
- Miami Heat star Jimmy Butler will miss play-in game vs. Chicago Bulls with sprained knee
- Why Cheryl Burke Says Being a Breadwinner Put Strain on Matthew Lawrence Marriage
Recommendation
Tropical weather brings record rainfall. Experts share how to stay safe in floods.
Rapper GloRilla arrested in Georgia for an alleged DUI, failing to do breathalyzer
Walmart's Flash Deals End Tomorrow: Run to Score a $1,300 Laptop for $290 & More Insane Savings Up to 78%
Alabama lawmakers advance bill to strengthen state’s weak open records law
Sonya Massey's family keeps eyes on 'full justice' one month after shooting
Alabama court authorizes executing a man convicted of killing a delivery driver
Ashanti and Nelly are engaged and expecting their first child together
More human remains believed those of missing woman wash up on beach