IRS Refund Delay Update 2024Refunds are usually processed by the IRS 21 days after the tax return is received. Refunds for electronic filing with direct deposit may be received in two to three weeks, sometimes even as soon as ten days. Process timeframes for refunds made by paper check may be longer.
There are several reasons why the IRS return takes so long to process, including incorrect data entry. To help you prevent any delays, the IRS has a Where’s my refund? tool that you may use to track your refund or check its status.
How to check the status of your IRS Tax refund?
The process to verify the status of your refund is as follows:
- Open the website https://www.irs.gov/.
- Click and find the “Where’s My Return?” menu.
- There’s a fresh webpage on the screen. Find the “Check Your Refund” button and click it.
- You’re presented with a form. Put in your SSN (Social Security Number).
- After deciding on the tax year, choose your filing status.
- In the required session, enter the identical amount of refund as appears on your tax return.
- Press the “Submit” button.
What to do when your refund gets delayed?
The first thing you should do is check the status of your refund if it takes longer than you anticipated. The IRS toll-free hotline or local IRS agency offices can be contacted when:
- if you don’t change your status for longer than six weeks.
- Even after the week that the IRS issued your refund, your mailed check has not arrived.
For individual questions, call 800-829-1040, Monday through Friday, 7:00 AM to 7:00 PM, IRS telephonic services.
What Is the Reason for the 2024 IRS Refund Delay?
The delay in receiving your refund may be caused by numerical errors or other inaccuracies on your tax return. When an error is found, it is noted for human review. IRS staff members investigate the matter and may need several days or weeks to complete the refund, delaying it.
If a return is incomplete, the IRS may evaluate it, which could cause a delay in the refund process. Your refund will be withheld until the necessary modifications are made, for example, if you file a paper return but fail to input the necessary information or sign the paperwork.
Errors could occur while entering the account number, and funds might end up going to a different account.