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March 25, 2021
Question

Is there a delay in the return process cuz of corona my returns been accepted and its been 22 days

  • March 25, 2021
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March 25, 2021

Coronavirus and the implementation of two major tax laws are bogging down the IRS operations.  IRS Where's My Refund tool is here.

 

The IRS says that it will issue 9 out of 10 refunds to taxpayers in less than 21 days.  However, if:  

  • You have e-filed your 2020 Federal tax return,
  • You are claiming a Recovery Rebate Credit (RRC) on line 30 of the 2020 1040 tax return, and
  • Your tax return has been accepted by the IRS.  

We suspect that the IRS will scrutinize stimulus payments that were issued against the tax returns that claim the Recovery Rebate Credit.  We do not know how much delay that the IRS will incur in such cases. 

 

We do not know is how quickly the IRS will update your stimulus information after your 2020 Federal 1040 tax return is accepted.

 

The IRS will determine your eligibility for the third stimulus payment based on your last tax return, either 2019 or 2020, and will likely will likely send your payment to the bank account where that tax refund was deposited. ​​​​ See this TurboTax Help.

 

 

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