Still waiting for a tax refund? IRS backlog has grown to 35 million returns
CBSN
A growing backlog of unprocessed tax returns now stands at 35 million, creating ongoing refund delays for millions of taxpayers, the National Taxpayer Advocate said in a recent report. That represents an increase in the IRS' backlog of unprocessed returns from May, when it was holding 31 million returns.
Some taxpayers have recently told CBS MoneyWatch they have been waiting months for their refunds, and have been unable to learn when their tax return might be processed or when they can expect to receive their refund. As the typical refund stands at more than $2,800 per taxpayer, a delay could cause financial hardship, especially for the many households that rely on their refunds to pay bills. The backlog at the IRS comes after a "perfect storm" that created "perhaps the most challenging filing season taxpayers, tax professionals and the IRS have ever experienced," wrote National Taxpayer Advocate Erin M. Collins in the Wednesday report. The pandemic caused the IRS to shut down some of its operations, while it was also given more responsibility from Congress through several new tax initiatives, such as the three rounds of stimulus checks that were distributed by the tax agency.More Related News