![]() The IRS continues to review tax year 2020 returns and process corrections for taxpayers who paid taxes on unemployment compensation to exclude the compensation from income, if the taxpayer is eligible. Status of unemployment compensation exclusion corrections Taxpayers should continue to check Where's My Amended Return? for the most up-to-date processing status available. The IRS requests that taxpayers don't file a second tax return or contact the IRS about the status. The current time frame can be more than 20 weeks instead of up to 16. If a correction is made to a refundable tax credit claimed on the return, the IRS will send taxpayers an explanation.Īs of May 21, 2022, the IRS had 2.1 million unprocessed Forms 1040-X and are processing these returns in the order received. In these instances, it's taking the IRS more than 21 days to issue any related refunds in some cases, this work could take 90 to 120 days. This work does not typically require the IRS to correspond with taxpayers but does require special handling by an IRS employee. Of these, 2 million returns require error correction or other special handling, and 7.8 million are paper returns waiting to be reviewed and processed. The IRS is opening mail within normal time frames and all paper and electronic individual refund returns received prior to April 2021 have been processed if the return had no errors or did not require further review.Īs of May 20, 2022, the IRS had 9.8 million unprocessed individual returns, which include returns received before 2022, and new tax year 2021 returns. ![]() On May 27th the IRS has issued a detailed update on backlogged returns. Rather than trust strangers on the internet, contact your local resources to get accurate answers. ![]() No one here is your attorney or your professional tax advisor, and no attorney-client or other protected relationship will be formed between redditors without a signed engagement letter. No one, without express written permission, may use any part of this subreddit in promoting, marketing or recommending an arrangement relating to any federal tax matter to one or more taxpayers. Unless expressly stated otherwise in writing, (1) nothing contained in this subreddit was intended or written to be used, can be used by any taxpayer, or may be relied upon or used by any taxpayer for the purposes of avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code of 1986, as amended (2) any written statement contained on this subreddit relating to any federal tax transaction or matter may not be used by any person to support the promotion or marketing or to recommend any federal tax transaction or matter and (3) EVERY taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor with respect to any federal tax transaction or matter contained in this subreddit. All opinions set forth in this subreddit are subject to the disclaimer pertaining to IRS Circular 230 set forth herein. Feel free to post questions or news, and stay respectful. This venue is a place for all matters or issues regarding the Internal Revenue Service including procedural operations and taxpayer disputes alike. If you are compelled to contact John directly he can be reached at or via. This sub-reddit is moderated by John Dundon, EA, an Enrolled Agent licensed by the US Treasury Department to represent taxpayers before the IRS. This sub-reddit is about questions and well-reasoned answers for maintaining compliance in order to properly navigate the procedural shoals of the Internal Revenue Service, IRS.
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