The 2022 tax season has kicked off, and for early-bird filers, tax refunds are soon to follow. But how long will you have to wait to get your money and how can you track its progress?
Due to the COVID-19 pandemic, the IRS is expecting numerous delays in processing tax returns this year. The agency recommends filing electronically and setting up direct deposit this year, as it can help get your refund issued within 21 days, assuming there are no errors. “Filing a paper tax return this year means an extended refund delay,” IRS Commissioner Chuck Rettig announced in a Jan. 24 statement.
Once you’ve filed your tax return, you don’t need to sit around clueless. We’ll explain how to track your refund online using the Where’s My Refund? tool and how to check your IRS account for further details. This story is updated frequently.
The IRS usually issues tax refunds within three weeks, but some taxpayers could have to wait a while longer to receive their payments. If there are any errors, or if you filed a claim for an earned income tax credit or the child tax credit, the wait could be lengthy.
When an issue delays your return, its resolution “depends on how quickly and accurately you respond, and the ability of IRS staff trained and working under social distancing requirements to complete the processing of your return,” according to the IRS website.
