Based on thelatest statisticsfrom the 2023 tax year the IRS processed over 160 million returns with theaveragerefund payment being $3,089. This was 5% lower than the prior year. Why Your Refund Payment Could be Delayed There are many reasons your tax return processing could be delayed beyond ...
Many of these tax topics and transaction codes are based on the IRS’ tax system processing and reporting of individual and business tax returns. They are supposed to provide insight into reasons why the tax return is still processing, why refunds are delayed beyond theirnormal schedule, which t...
Armed Forces Tax Guide. The IRS website also contains military tax tips and links to resources such asMilTax, a Department of Defense and Military OneSource program that provides free tax return preparation and e-filing for service members and some veterans, with no income limit. ...
To understand why processing has been delayed you need to understand therefund process. It starts with the submission of your final tax return. After your tax return has been accepted by the IRS (return received) they will start processing it over several days until finalized and a tax refund...