Current:Home > MarketsWaiting on your tax refund? Here's why your return may be taking longer this year -Blueprint Wealth Network
Waiting on your tax refund? Here's why your return may be taking longer this year
View
Date:2025-04-14 07:11:21
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! (45)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Town in Washington state to pay $15 million to parents of 13-year-old who drowned at summer camp
- Newly released photos from FBI's Mar-a-Lago search show Trump keepsakes alongside sensitive records
- Most Americans plan to watch Biden-Trump debate, and many see high stakes, AP-NORC poll finds
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Biden and Trump are set to debate. Here’s what their past performances looked like
- Texas hiring Texas A&M baseball coach Jim Schlossnagle to replace David Pierce
- Minnesota Lynx win 2024 WNBA Commissioner's Cup. Here's how much money the team gets.
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- 5 people killed, teen girl injured in Las Vegas apartment shootings; manhunt ends with arrest
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Where Todd Chrisley's Appeal Stands After Julie's Overturned Prison Sentence
- TikTokers Tyler Bergantino and Gabby Gonzalez Are Officially Dating
- Totally Cool recalls over 60 ice cream products because they could contain listeria
- Senate begins final push to expand Social Security benefits for millions of people
- Why the stakes are so high for Atlanta Hawks, who hold No. 1 pick in 2024 NBA draft
- TikTokers Tyler Bergantino and Gabby Gonzalez Are Officially Dating
- New York Knicks acquiring Mikal Bridges in pricey trade with Brooklyn Nets. Who won?
Recommendation
A South Texas lawmaker’s 15
Who is... Alex Trebek? Former 'Jeopardy!' host to be honored with USPS Forever stamp
Where Todd Chrisley's Appeal Stands After Julie's Overturned Prison Sentence
Stock market today: World shares advance after Nvidia’s rebound offsets weakness on Wall St
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
'Bridgerton' author Julia Quinn addresses 'disappointment' over gender-swapped character
Illinois man accused in mass shooting at Fourth of July parade expected to change not-guilty plea
Judge alters Trump’s gag order, letting him talk about witnesses, jury after hush money conviction