Will 2022’s tax filing season be regular? Ken Berry, a tax attorney, believes that the Spring 2022 tax filing season will not be the same as 2019. Covid-19 will still be a problem, many stimulus tax laws for filers will still prove difficult, and new tax laws may very well be made between now and then to add more complexity.
However, the income tax filing may be closer to normal than 2020 or 2021. These two years had extended filing deadlines due to closures at IRS offices, tax courts, and new remote working methods by IRS and tax staff.
This means that you should be ready to file your taxes or an automatic extension by Monday, April 18, 20,22. (Why not April 15?) Emancipation Day.) The good news is that filing federal and state income tax returns should be quicker than usual. When the taxpayer files, they might receive their tax refund payment (check or direct deposits) within 2-3 weeks.
What can I do if the IRS continues to process an amended return?
There is nothing you can’t do. As of January 1, IRS had 2.3 Million unprocessed 1040X forms.
Amended returns can be processed by the order that they were received. The IRS updated that the current timeframe could take longer than 16 weeks and extend it to more than 20.
I get that you are worried about your taxes and may feel you have to file another one. But don’t do it.
What happens if you cannot file your income tax returns by April 15?
Taxpayers with a limited amount of paperwork can file an extension, Form 4868, Application to Automatically Extend the Time to File U.S. Taxes. Individual Income Tax Return This extension gives the taxpayer until October 15 to file their tax return. It is not necessary to provide any reason for this extension. As the title says, it is automatic.
What is the fastest way for me to get my refund?
Charles Rettig from the IRS stated in a statement that “Filing electronically with direct deposits and avoiding a tax return on paper is more important than ever” at the beginning of tax season.
Specific individuals may have to file a printed return. However, you should avoid filing a return on paper if possible, and this is something that the IRS and Treasury Department cannot stress enough.
If you file electronically and the IRS transfers the money directly to a bank account, you will receive your refund in 21 calendar days. That is the typical time frame.
For more information and assistance, visit the following websites.
How long will it take to get my tax refund? – The Washington Post
https://www.washingtonpost.com/business/2022/01/11/irs-tax-refund-questions/
2022 tax filing season begins Jan. 24; IRS outlines refund …
https://www.irs.gov/newsroom/2022-tax-filing-season-begins-jan-24-irs-outlines-refund-timing-and-what-to-expect-in-advance-of-april-18-tax-deadline
When to Expect Your 2022 IRS Income Tax Refund – CPA …
https://www.cpapracticeadvisor.com/tax-compliance/news/21250061/when-to-expect-your-2022-irs-income-tax-refund
IRS to accept 2021 tax returns starting Jan. 24 – Journal of …
https://www.journalofaccountancy.com/news/2022/jan/irs-accept-2021-tax-returns-starting-jan-24.html
IRS will begin processing 2021 tax returns as soon as Jan. 24
https://www.freep.com/story/money/personal-finance/susan-tompor/2022/01/10/irs-2021-tax-returns/6510096001/
Here’s how long it will take to get your tax refund in 2022
https://www.cbsnews.com/news/tax-refund-2022-irs-returns-january-24/
This year’s income tax filing season starts Jan. 24, and the IRS …
https://www.marketwatch.com/story/this-years-income-tax-filing-season-starts-jan-24-and-the-irs-says-its-going-to-be-a-frustrating-one-11641835408
Tax Refund Delay: What to Do and Who to Contact – SmartAsset
https://smartasset.com/taxes/tax-refund-delay
‘The IRS is in crisis.’ Taxpayer advocate warns of 2022 refund …
https://www.cnbc.com/2022/01/12/the-irs-is-in-crisis-taxpayer-advocate-warns-of-2022-refund-delays.html