No IRS tax refund deposited yet

debodun

debodun

SF VIP
Location
way upstate in New York, USA
The previous two years my refund was deposited in my bank account exactly a week after I paid my tax preparer. It's been 3 weeks today and I haven't received my refund. There's an IRS page that lets a person track their refund and I learned it has been received an approved, but that's as far as it went. What's the holdup this year?
 

Everything seems to be slower this year: we just got--and that was it finally showing up online and I printed it myself--the final one of our tax forms yesterday. So who knows when we'll get the refund; we're still waiting for an appointment with our tax preparer. I wish I could still do our own taxes but it's just gotten too complicated.
 
debodun said:
The previous two years my refund was deposited in my bank account exactly a week after I paid my tax preparer. It's been 3 weeks today and I haven't received my refund. There's an IRS page that lets a person track their refund and I learned it has been received an approved, but that's as far as it went. What's the holdup this year?
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There are reports about the IRS having "staffing shortages"....who knows? I "E-filed" our taxes in early February. using H&R Block software, and got our federal refund about 2 weeks later, and the state refund came yesterday.
 

I've heard they are still processing refunds due from 2020! I never get a refund so FYI that is hearsay/secondhand information.
 
This year I filed on Feb 12th and received my refund on Feb 27th.

Last year I filed on Mar 19th and received my refund on Mar 28th.

So, a 9 day turnaround last year versus a 15 day turnaround this year. Though, since they were different months I guess it is not exactly an apples to apples comparison.
 
I haven't gotten a refund in decades so I'm not rushing to file this year, though I'll probably do it by the end of this month. I don't know if the IRS is still understaffed and if that has anything to do with delayed deposits.
 
Okay, maybe I am wrong but I don't file taxes. As far as I know, am not required to because my income does not require it. I do not have funds that earn any kind of income interest that comes to me. It stays with the retirement money, when I start to draw on those funds, it will need to be reported. The rest has been tax free due to life insurance proceeds and inheritance. The taxes on the inheritance were paid at the time of probate. Life insurance funds are not taxable. Those are the funds I keep separate and where I draw funds when and if needed. I have no mortgage, house paid off, don't have to worry about any deductions as far as I know. If I am wrong, I would appreciate any feedback.
 
What’s a tax refund? I haven’t had one since I was 25. People that are married have a bit of an advantage over single people, which stands to reason. I just get tired of having to pay in every year. It’s the capital gains that hurts me. I invest too much money, but I do pay capital gains twice a year to cut the burden, but I still have to pay in.
 
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