My accountant says the IRS is running way behind processing tax filings at the present. 2019 refunds are running weeks to months behind, so file ASAP to be at the front of the line for 2020 refunds.... anyway ....
FTA: "The IRS is pushing back the beginning of the 2020 tax season to Feb. 12.
Normally, the filing period begins in late January, allowing early birds to submit their returns and get their refunds.
The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency.
On that date, the IRS will start accepting and processing last year’s tax returns.
Normally, the agency opens tax season in late January.
This year, however, the IRS will need more time to prepare after the Covid relief act that took effect in late December. And yes, the tax filing deadline is still April 15.
“If filing season were opened without the correct programming in place, then there could be a delay in issuing refunds to taxpayers,” the IRS said in its announcement.
“These changes ensure that eligible people will receive any remaining stimulus money as a recovery rebate credit when they file their return,” the agency said."
My accountant says the IRS is running way behind processing tax filings at the present. 2019 refunds are running weeks to months behind, so file ASAP to be at the front of the line for 2020 refunds.... anyway ....
FTA: "The IRS is pushing back the beginning of the 2020 tax season to Feb. 12.
Normally, the filing period begins in late January, allowing early birds to submit their returns and get their refunds.
The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency.
On that date, the IRS will start accepting and processing last year’s tax returns.
Normally, the agency opens tax season in late January.
This year, however, the IRS will need more time to prepare after the Covid relief act that took effect in late December. And yes, the tax filing deadline is still April 15.
“If filing season were opened without the correct programming in place, then there could be a delay in issuing refunds to taxpayers,” the IRS said in its announcement.
“These changes ensure that eligible people will receive any remaining stimulus money as a recovery rebate credit when they file their return,” the agency said."
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