8 Months And Still No Tax Refund 2020
What Is Going On?
It has been 8 months since the 2020 tax season and yet, many taxpayers are still waiting for their tax return. The Internal Revenue Service (IRS) has made it clear that they are doing their best to process refunds as quickly as possible, but the sheer backlog of returns has caused massive delays for many taxpayers.
The IRS has stated that the official deadline for tax returns is April 15th, 2021 and that taxpayers will have to wait until then for their refunds. However, this does not mean that taxpayers should not expect to receive their refunds before then. The IRS has been consistently processing refunds, but the sheer volume of returns has caused a massive backlog that is still growing.
The main reason for the delay is the sheer number of returns that the IRS has to process. With more than 150 million tax returns filed in 2020, this is the highest number of returns in history. This means that the IRS is also processing more refunds than ever before. The sheer number of returns has caused a massive backlog that has yet to be resolved.
What Can You Do?
If you are still waiting for your tax refund, there are a few things you can do to try and speed up the process. First, you should check the status of your refund on the IRS website. The IRS provides up-to-date information on the status of refunds and can provide you with a better idea of when you can expect your refund to arrive.
You can also contact the IRS directly to inquire about your refund. The IRS has a toll-free number that you can call to speak with an IRS representative. The representative can provide you with more information about your refund and may even be able to give you an estimated date of when you can expect to receive it.
Finally, if you are still waiting for your refund and have not received it within 8 months, you should consider filing an amended return. An amended return can help you receive your refund faster, as it will allow the IRS to process your return more quickly. However, you should be aware that filing an amended return can also delay the processing of your refund.
Conclusion
It has been 8 months since the 2020 tax season and yet, many taxpayers are still waiting for their tax return. The sheer volume of returns has caused a massive backlog that is still growing, but there are steps that you can take to try and speed up the process. You should check the status of your refund on the IRS website, contact the IRS directly, or consider filing an amended return.