Avoid Refund Delays
- Majestic Financial Services

- Dec 12, 2022
- 1 min read
šļøAvoid refund delays and understand refund timing @everyone
š¢Many different factors can affect the timing of a refund after the IRS receives a return. Although the IRS issues most refunds in less than 21 days, the IRS cautions taxpayers not to rely on receiving a 2022 federal tax refund by a certain date, especially when making major purchases or paying bills.
šµš½āāļøSome returns may require additional review and may take longer to process if IRS systems detect a possible error, the return is missing information or there is suspected identity theft or fraud.
šØAlso, the IRS cannot issue refunds for people claiming the EITC or Additional Child Tax Credit (ACTC) before mid-February. The law requires the IRS to hold the entire refund ā not just the portion associated with EITC or ACTC.
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