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Most taxpayers had toProduce their income declarations By April 18 of this year to avoid any penalty costs. This deadline may have caused you a good amount of stress, especially if you knew that you owed money toThe Internal Revenue Service (IRS). But some lucky declarants look forward to the tax season in fact, because they end up obtaining reimbursements - and sometimes quite substantial. It turns out that you may be due to another pay day in this case, because the agency owes even more money to certain taxpayers. Read more to find out if you may have a more important payment to come.

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If you have already submitted your income tax return but you are still waiting for it to be treated, you are not alone. As of May 6, the IRS had even more than 9.8 millionnon -transformed individual income tax declarations In its system, which includes the declarations received before this year and the new income declarations of 2021 filed this year. On these unprocessed yields, "2.6 million yields require a correction of errors or another special manipulation, and 7.2 million are paper yields waiting to be examined and treated", according to the tax agency.

"This work does not generally force us to correspond to taxpayers but requires special handling by an IRS employee, therefore, in these cases, it takes more than 21 days of the IRS to issue a related refund and in some cases , this work could take 90 to 120 days, "said the IRS.

Although the IRS indicates that it issues most of the reimbursements within 21 days, the agency actually has at least 45 days to treat your return and make your reimbursement before there are consequences. If the IRS is missing this deadline, it is legally required to start paying interest on your refund.AE0FCC31AE342FD3A1346EBB1F342FCB

So, if you have produced your 2021 income declaration by the date of April 18 this year and you do not receive your refund by June 2, you may be due to additional money from 'Agency in the form of interest. And it is not so rare. Theirshad to pay taxpayers An additional 3.3 billion dollars of interest last year due to late reimbursements, according to an analysis of the Government Accountability Office (GAO).

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Unfortunately, additional money may not alleviate the frustration that comes with the expectation of a late refund.Bill Smith, National Director of Tax Technical Services of Cbiz Inc. and a former tax lawyer for the US Ministry of Justice, Madeywatch told CBS that most of the taxpayers probablyDo not even realize The IRS pays interest on late reimbursements. "I would add that they probably don't care about it much because in general, it will not be a large number. The sooner they get their money from the government, the more happy they are," Smith told new point of sale.

According to Marca, the interest is based on theShort -term federal rate, which represents 4%, in April 2022. So, if someone expects more than 45 days for a tax refund worth $ 3,019 - which IRS says that the average reimbursement of this year could Receive additional $ 120.76 in interest.

Or it could be even greater: on May 20, the IRS announced that itpay 5% interest On delayed tax reimbursements from July 1, although it still does not make much global difference for taxpayers. "People prefer to have their reimbursement in time. If you have $ 3,000 or $ 4,000 to come, a few hundred additional dollars will not do much", "Rob Burnette, a financial advisor and CEO of Outlook Financial Center in Troy, Ohio, told CBS.

There are a certain number of reasons why the IRS could take more time to deal with your return, and the agency has already warned that the processing delays caused by the cocovio pandemic prevented the agency from obtaining reimbursement everyone in the 21 days. According to Cnet,Some of the common reasons Why your reimbursement could be delayed could be due to the fact that your income declaration has errors or is incomplete, your banking information is wrong, you have tabled by paper or you have not properly claimed your recovery or your tax credits for children.

If you have still not received your refund and you do not know why it has been delayed, you can check the condition of your refund using theWhere is my refund? tool on the IRS website. "The IRS warns taxpayers not to count on receipt of a refund on a certain date, in particular during the effort of significant invoices or payment of invoices", explains the agency.

Read this then: The reason n ° 1 that you could be audited by the IRS, warn the experts .