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As the tax season is approaching, taxpayers are eagerly waiting for their refunds. The 2021 tax season is expected to be different from the previous years due to the ongoing pandemic, which has impacted the Internal Revenue Service (IRS) operations, leading to a delay in processing tax returns. In this article, we will discuss when you can expect to get your 2021 tax refund.
When Can You File Your 2021 Tax Return?
The IRS has announced that taxpayers can start filing their 2021 tax return on February 12, 2022. However, if you have a more complex tax return or need to claim additional credits, you may have to wait until later in February or March to file your return.
When Will the IRS Start Issuing Refunds?
The IRS has announced that they will begin processing tax returns on February 12, 2022. However, taxpayers should note that this does not mean that they will receive their refunds on the same day. The IRS has stated that they will start issuing refunds in the first week of March for those who file their tax returns electronically and choose direct deposit as their refund option.
How Long Will It Take to Get My Refund?
The time it takes to receive your tax refund will depend on several factors, including how you filed your tax return, whether you chose direct deposit or a paper check, and any errors or issues with your tax return. Typically, it can take up to 21 days to receive your refund if you filed your tax return electronically and chose direct deposit.
What Delays Can I Expect?
As mentioned earlier, the ongoing pandemic has impacted the IRS operations, leading to a delay in processing tax returns. Additionally, if there are any errors or issues with your tax return, it may take longer to receive your refund. The IRS has also stated that they will be taking additional steps to prevent fraud, which may result in additional delays.
How Can I Check the Status of My Refund?
The IRS has several tools that taxpayers can use to check the status of their tax refund. The Where’s My Refund tool on the IRS website is the quickest and most convenient way to check the status of your refund. You will need to enter your Social Security number, filing status, and the exact amount of your refund to access the tool.
While taxpayers may be eager to receive their tax refunds, it is important to be patient and understand that there may be delays due to the ongoing pandemic and other factors. Taxpayers can file their tax return starting February 12, 2022, and can expect to receive their refunds in the first week of March if they file electronically and choose direct deposit as their refund option. If you have any questions or concerns about your tax refund, you should contact the IRS or a tax professional for assistance.