How quickly did you receive your 2020 tax refund?

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rhoptry
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Re: How quickly did you receive your 2020 tax refund?

Post by rhoptry »

7 days
UnBearable
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Re: How quickly did you receive your 2020 tax refund?

Post by UnBearable »

I mailed my return 3/1/21. When I check "where's my refund", it doesn't show that my return has been received. Should I mail a 2nd return at this point?
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Clever_Username
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Re: How quickly did you receive your 2020 tax refund?

Post by Clever_Username »

I filed 5/11 I think? Within a week of the deadline, thankfully on the "not in trouble" side of it. :D
5/17 state (CA) refund hit my bank account (direct deposit), 5/19 federal. I'm surprised either was quick, especially the state one.
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KSOC
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Re: IRS Tax Refund - 10 Weeks w/o a Refund?

Post by KSOC »

HoosierMike wrote: Wed May 26, 2021 6:50 pm [Thread merged into here --admin LadyGeek]

-Is anyone experiencing long delay in receiving your 2020 federal tax refund?

-I filed electronically on March 14 via TurboTax. A simple return, Married filing Joint with Pension, SSA, and some investment income.

-File was accepted by IRS March 15 with estimated Fed Refund Date of April 5

-As of today, May 26, (72 days later), the IRS "Where is My Refund?" site tells me my return is being processed :(

-I called IRS today and after the lengthy "press this number if you are calling for..." routine received this message: "The IRS is extremely busy and unable to talk to me at this time. Please call back another time."

-It's now been 72 days since IRS received my return. Never had a delay like this one.

Not sure where to go next.
Filed and accepted 3/1. State took my payment immediately. Fed still says processing. I tried creating an IRS account, but because I moved states in 2020, they could not identify me online. So they say they will send me code by mail, and stated it should arrived in 5-10 business days. It's now been 3 weeks, no letter. I'll give it until 6/1, then I'm contacting my House Rep & Senators. This is ludicrous.
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Soon2BXProgrammer
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Re: How quickly did you receive your 2020 tax refund?

Post by Soon2BXProgrammer »

UnBearable wrote: Wed May 26, 2021 7:47 pm I mailed my return 3/1/21. When I check "where's my refund", it doesn't show that my return has been received. Should I mail a 2nd return at this point?
No it could be months. I efiled and it took 60+ days
EnjoyIt
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Re: How quickly did you receive your 2020 tax refund?

Post by EnjoyIt »

4runner818 wrote: Wed May 05, 2021 10:37 pm Efiled via Turbo Tax on 4/15. Fed Refund received via direct deposit on 4/26.

I had a newborn in 2020 (my first). I was fully expecting to get his 3rd stimulus check payment in 2022 when I sent in my 2021 return. However, after submitting my 2020 tax return, it appears the IRS recomputed the stimulus automatically, recognizing there was now a new dependent, and out of nowhere I received $1400 via direct deposit in my account on 5/3.
Filed turbotax on 4/15 still pending as of this writing which is 5/27/2021, exactly 6 weeks.
We have a refund of about $6.5k. This is because we paid estimated taxes thinking that our PPP loan will be taxed as income when passed through our S-Corp prior to clarification by the fed that it won't be taxed. I suspect the $20k PPP untaxed income is holding everything up. Although I don't need the money, I hate the suspense of wondering if I am about to get audited or not. I am confident that my filing is just and have all receipts to prove it. Despite that, I wish I knew what the IRS is up to and if my tax return is under review, will I be audited, or is something else going on.
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Gus
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Re: How quickly did you receive your 2020 tax refund?

Post by Gus »

I e-filed our federal return on May 15. The refund was deposited on May 26.

The refund is $2.61 more than expected. I assume that we'll receive a letter explaining why.
czaj
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Re: How quickly did you receive your 2020 tax refund?

Post by czaj »

• Return e-filed with Taxslayer (myfreetaxes.com) and accepted: 05/25/2021 [extension]
• Refund approved and expected to be received by 06/16/2021

I attempted to purchase savings bonds but the IRS could not process it because I hadn't paid estimated taxes to the whole dollar, but the return I submitted was rounded. If only the IRS could take the change off the actual refunded amount, and still give me the savings bonds. :oops:
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CardinalRule
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Re: How quickly did you receive your 2020 tax refund?

Post by CardinalRule »

New twist on my OP saga. To recap, I filed and had the return accepted via TurboTax on February 20.

Today I received a "5071C" letter, dated June 7, with instructions to verify my identify.

The verification process is now complete, but the confirmation message tells me another 9 weeks? :oops:

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eddot98
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Re: How quickly did you receive your 2020 tax refund?

Post by eddot98 »

eddot98 wrote: Sat May 22, 2021 4:18 pm
eddot98 wrote: Wed May 05, 2021 10:09 pm Efiled Fed 2/28/21 with H&R Block. IRS accepted it on 3/1/21. Still waiting on refund. Substantial changes will be made by IRS. $10,200 Unemployment exclusion put us under $150,000 AGI changing our refund, changing our Recovery Rebates, and made us eligible for CARES ACT payments, which we weren’t eligible for using 2019 AGI.
Filed NY on paper shortly after Fed and received refund in a few weeks. Have yet to file MA as we owe $519. (Worked in NY, live in MA)
Update:
Still waiting on Federal, still shows as processing.
Mailed MA return in with check for balance owed on 5/14. MA DOR cashed check a week later.
Update: Today, June 12th, pending IRS deposit in checking account for original refund amount plus 3% interest. We were in the situation where Unemployment payments put our AGI at $154,000. IRS was supposed to recalculate our taxes, lowering our AGI to $144,000 triggering a refund of 22% of $10,200 and adjusting our COVID-19 payments. They didn’t do this. Now what? Try to contact them at a number that you can never get a person?
I’m so done with 2020 taxes.
Outafter20
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Re: How quickly did you receive your 2020 tax refund?

Post by Outafter20 »

eddot98 wrote: Sat Jun 12, 2021 3:04 pm
eddot98 wrote: Sat May 22, 2021 4:18 pm
eddot98 wrote: Wed May 05, 2021 10:09 pm Efiled Fed 2/28/21 with H&R Block. IRS accepted it on 3/1/21. Still waiting on refund. Substantial changes will be made by IRS. $10,200 Unemployment exclusion put us under $150,000 AGI changing our refund, changing our Recovery Rebates, and made us eligible for CARES ACT payments, which we weren’t eligible for using 2019 AGI.
Filed NY on paper shortly after Fed and received refund in a few weeks. Have yet to file MA as we owe $519. (Worked in NY, live in MA)
Update:
Still waiting on Federal, still shows as processing.
Mailed MA return in with check for balance owed on 5/14. MA DOR cashed check a week later.
Update: Today, June 12th, pending IRS deposit in checking account for original refund amount plus 3% interest. We were in the situation where Unemployment payments put our AGI at $154,000. IRS was supposed to recalculate our taxes, lowering our AGI to $144,000 triggering a refund of 22% of $10,200 and adjusting our COVID-19 payments. They didn’t do this. Now what? Try to contact them at a number that you can never get a person?
I’m so done with 2020 taxes.
I could be wrong, but I think the limit was $150,000 AGI including any unemployment received (up to $10,200).
eddot98
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Re: How quickly did you receive your 2020 tax refund?

Post by eddot98 »

Outafter20 wrote: Sat Jun 12, 2021 8:50 pm
eddot98 wrote: Sat Jun 12, 2021 3:04 pm
eddot98 wrote: Sat May 22, 2021 4:18 pm
eddot98 wrote: Wed May 05, 2021 10:09 pm Efiled Fed 2/28/21 with H&R Block. IRS accepted it on 3/1/21. Still waiting on refund. Substantial changes will be made by IRS. $10,200 Unemployment exclusion put us under $150,000 AGI changing our refund, changing our Recovery Rebates, and made us eligible for CARES ACT payments, which we weren’t eligible for using 2019 AGI.
Filed NY on paper shortly after Fed and received refund in a few weeks. Have yet to file MA as we owe $519. (Worked in NY, live in MA)
Update:
Still waiting on Federal, still shows as processing.
Mailed MA return in with check for balance owed on 5/14. MA DOR cashed check a week later.
Update: Today, June 12th, pending IRS deposit in checking account for original refund amount plus 3% interest. We were in the situation where Unemployment payments put our AGI at $154,000. IRS was supposed to recalculate our taxes, lowering our AGI to $144,000 triggering a refund of 22% of $10,200 and adjusting our COVID-19 payments. They didn’t do this. Now what? Try to contact them at a number that you can never get a person?
I’m so done with 2020 taxes.
I could be wrong, but I think the limit was $150,000 AGI including any unemployment received (up to $10,200).
This site (and others that I have seen) says that the unemployment received does not count towards AGI.

https://www.google.com/amp/s/www.cnbc.c ... gible.html
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Johnsson
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Re: How quickly did you receive your 2020 tax refund?

Post by Johnsson »

Filed by mail in early March. Website shows the filing was not received. Have post office confirmation of receipt. Still waiting...
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bwalling
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Re: How quickly did you receive your 2020 tax refund?

Post by bwalling »

Your tax return is still being processed.

A refund date will be provided when available.
Since May 12th, this is all I see. I periodically check the bank as well, since last year my status never changed, but I did get the refund.
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goodenyou
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Re: How quickly did you receive your 2020 tax refund?

Post by goodenyou »

Still waiting for 2019 refund. E-Filed in July 2020. It had been received and being processed as per their website.
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