![]() Any tax professional and most do-it-yourself tax programs can perform this task. Those who are due a refund generally only need to file the extension request by April 15. However, if a person will owe taxes, it is still their obligation to pay those taxes by April 15, even if they have requested an extension to file. No reason or excuse is needed to receive this extension, and as the title states, it is automatically granted. Individual Income Tax Return.” – This will give the taxpayer until October 15 to file their tax return. Taxpayers who don’t have all of the paperwork needed in order to file their taxes can easily file an extension form, “Form 4868, Application for Automatic Extension of Time to File U.S. What If You Can’t File Your Income Taxes By April 15? The IRS and tax professionals strongly encourage electronic filing. For paper filers, this can take much longer, however. In general, the IRS says that returns with refunds are processed and payments issued within 21 days. There are also apps for Apple, Android and other devices that help track refund status. Taxpayers who use a professional, such as a CPA or EA, can ask that professional for the estimated date of their tax refund, and they can be more confident that their taxes have been properly (and legally) filed. IRS Accepts Return By:ĭirect Deposit Sent (Or Paper Check Mailed one week later) *** = Filing during peak season can result in slightly longer waits. ** = Returns with EITC or CTC may have refunds delayed until late February to verify credits. “When Will I Get My 2020 Income Tax Refund?” IRS Accepts Return By:ĭirect Deposit Sent (Or Paper Check Mailed one week later): ( The first date, “IRS Accepts Return,” does NOT mean the day you clicked the submit button or you went to your tax pro. Or download the IRS2Go app to check your refund status. If your IRS income tax refund is delayed, ask your tax professional, or simply use the “ Where’s My Refund?” tool on the IRS website. The below chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on the information we have now, and using projections based on previous years. The additional time allows the IRS to verify that taxpayers qualify for the credits. The IRS may add a 2-3 week delay to tax returns that claim the Earned Income Tax Credit (EITC) or Child Tax Credit (CTC), since these credits are the most abused. Whether the taxpayer has existing debts to the federal government.For more information on who is eligible for the premium tax credit, see the Instructions for Form 8962. Whether the return is e-filed or sent by mail the premium tax credit for 2020, you don t need the information in Part II of Form 1095-C.If the taxpayer is claiming certain credits (especially EITC and CTC).The main factors that determine when a taxpayer may receive their return include:
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