How long will it say your tax return is still being processed?
(updated December 22, 2023) We issue most refunds in less than 21 calendar days. However, if you mailed your return and expect a refund, it could take four weeks or more to process your return.
How long should it say your tax return is still being processed?
Most people receive their refund within three weeks of filing electronically. But there are several factors that could cause your refund to be delayed, including errors in your return or the filing method you used.
Why is my tax return status still pending?
Pending means that your e-filed return is on its way and that the government hasn't accepted or rejected it yet. If you e-filed your return before the IRS starts processing returns this year, it'll stay in pending status until then.
What does still being processed mean with no tax topic?
đThe IRS "Being Processed" refund status usually. means your tax return is done "Being Processed" but. your tax refund is not approved for a direct deposit. date yet. âConnect here and share the latest info if you.
Should I be worried if my refund is delayed?
How long a refund is delayed depends on the issue with the return. The IRS often can correct math errors without involving taxpayers, so those refunds might be delayed just a few weeks. If there are concerns about possible identity theft, taxpayers could wait more than a year, according to the IRS.
Does still being processed mean approved?
It simply means that the return is being processed. IRS could still request more info before finishing the processing. They could also sent the return out for a review.
Why is my refund taking so long to be processed?
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.
Does still being processed mean audit?
If my refund on the IRS website says still processing does it mean I will be audited? There's absolutely no reason to necessarily think that you're under review or that an audit is pending, so please don't worry. The "processing" message you see is perfectly normal. In fact, the messages and bars on the IRS.
What's the difference between being processed and still being processed?
If their refund status changes from âbeing processedâ status to âstill being processedâ status, the issue detected in the tax forms was likely resolved and the refund may be released when it is approved for a future cycle date.
How long should a pending refund take?
Here are some general guidelines: Credit/Debit Cards: If you used a credit or debit card, refunds typically take a few business days to process. However, it can take longer depending on your bank's processing time. Some banks may take up to 10 business days or more to reflect the refund in your account.
What does still being processed mean with tax Topic 152?
But, if you've seen Tax Topic 152, your refund will likely take longer than 21 days to process. It doesn't mean you've done anything wrong or you won't get your refund. It's just an indication that your return is still being processed and has yet to be accepted or rejected.
Is being processed tax topic 152 good or bad?
Keep in mind this tax topic doesn't mean you made a mistake or did anything wrong when filing. It simply means your return is being processed and has yet to be approved or rejected.
How do I know if my tax return has been flagged?
Taxpayers whose tax returns have been flagged for possible IDT should receive one of the following letters: Letter 5071C, Potential Identity Theft during Original Processing with Online Option â Provides online and phone options and is issued most widely.
Why hasn't my refund been approved yet?
An incomplete return, an inaccurate return, an amended return, tax fraud, claiming tax credits, owing certain debts for which the government can take part or all of your refund, and sending your refund to the wrong bank due to an incorrect routing number are all reasons that a tax refund can be delayed.
Should I contact the IRS if my refund is delayed?
Answer: If you lost your refund check, you should initiate a refund trace: Use Where's My Refund, call us at 800-829-1954 and use the automated system, or speak with an agent by calling 800-829-1040 (see telephone assistance for hours of operation).
How long does it take for IRS to approve refund 2024?
Filing season reminders
Taxpayers who file electronically and choose direct deposit typically get their refund in less than 21 days. Taxpayers who don't have a bank account can find out how to open a bank account at a FDIC-insured bank or the National Credit Union Locator Tool.
Does still being processed mean delayed?
"Being processed", means the IRS must first process your return and then approve your refund. Even though the IRS issues most refunds in less than 21 days after they receive your tax return, it's possible your tax return may require additional review and take longer.
What does it mean when it says your refund is being processed?
Return Being Processed Means the IRS Received Your Tax Return, But It Could Still Be Delayed.
Why is my refund still processing after 21 days?
Your refund may also be delayed if numbers on your return don't match documents the IRS received about your income. Common mistakes can also cause delays, such as math errors or typos on your Social Security number, or if the direct deposit account doesn't match the filing status on your return.
How long will my refund be under review?
The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it's possible your tax return may require additional review and take longer.
What does the IRS look for to approve your refund?
Approval of the refund
They'll check your income reports, verify the deductions and credits you've claimed, and ensure everything aligns with the tax laws.
How long does it take the IRS to tell you you're being audited?
Mail audits are usually quick and straightforward
The IRS does these audits by mail, generally notifying taxpayers within seven months of filing. Mail audits usually wrap up within three to six months, depending on the issues involved and how quickly and completely you respond to the audit letter.
Do refunds process on weekends?
Usually, the IRS pays refunds a day before the weekend if the payment date falls on a weekend. But there are some cases in which the payment is done on the very day after the weekend passed, assuming it is not a holiday. In those cases, the payments won't appear until the next business day arrives.
Why is my refund still pending after 48 hours?
If you don't receive a notification, you can check the IRS website for updates. If more than 48 hours have passed and your return hasn't been approved, the IRS may be having a difficult time verifying your information.
Is IRS behind on refunds 2024?
The amount of tax refund money the IRS has sent out continues to pick up, even though the total number of refunds sent so far in 2024 is continuing to lag slightly behind the numbers for the same period in 2023. (Here's how to see the status of your tax refund.)
