Current:Home > MarketsWaiting on your tax refund? Here's why your return may be taking longer this year -TrueNorth Capital Hub
Waiting on your tax refund? Here's why your return may be taking longer this year
View
Date:2025-04-17 22:58:01
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! (71)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Baltimore bridge collapse: Who will pay for the destroyed bridge, harmed businesses and lost lives?
- A Filipino villager is nailed to a cross for the 35th time on Good Friday to pray for world peace
- Take a Trip To Flavortown With Guy Fieri’s New Sauces That Taste Good On Literally Everything
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- American tourist dies, U.S. Marine missing in separate incidents off Puerto Rico coast
- United Airlines Boeing 777 diverted to Denver during Paris flight over engine issue
- Joseph Lieberman Sought Middle Ground on Climate Change
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Trump asks appeals court to review ruling allowing Fani Willis to remain on Georgia election case
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- The Biden Administration Adds Teeth Back to Endangered Species Act Weakened Under Trump
- Maine governor proposes budget revisions to fund housing and child care before April adjournment
- Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Caitlin Clark would 'pay' to see Notre Dame's Hannah Hidalgo, USC's JuJu Watkins play ball
- How King Charles III Has Kept Calm and Carried on Since His Cancer Diagnosis
- Flying during the solar eclipse? These airports could see delays, FAA says
Recommendation
'Most Whopper
A man suspected of holding 4 hostages for hours in a Dutch nightclub has been arrested
Duke knocks off No. 1 seed Houston to set up all-ACC Elite Eight in South Region
Harvard says it has removed human skin from the binding of a 19th century book
Federal hiring is about to get the Trump treatment
'Young and the Restless' actress Jennifer Leak dies at 76, ex-husband Tim Matheson mourns loss
Judge questions Border Patrol stand that it’s not required to care for children at migrant camps
Save 70% on Tan-Luxe Self-Tanning Drops, Get a $158 Anthropologie Dress for $45, and More Weekend Deals