The IRS has already sent millions of tax refunds for 2021: how much can you get

The IRS reported Feb. 4 that, despite ongoing problems, the service has sent nearly $30 million in tax refunds worth about $103,2 billion, reports CNBC.

Photo: Shutterstock

While 29% of Americans worry about a smaller refund, according to a Bankrate poll, the average is now $3473 through Feb. 25, up $658 from last year's $2815 payment.

Of course, the average refund could change as millions of Americans apply just before the April 18th deadline. So far, the IRS has received about 45,4 million declarations.

The latest filing season statistics come at a difficult time for the IRS, which is still processing millions of individual returns from last year.

On the subject: You can now pay for USCIS services with a card: what forms does the innovation apply to

While the service ships most tax refunds within 21 days, several factors can cause delays, including paper declarations, mail-in payments, errors, or returns affected by identity theft.

“We urge special attention to those who received pandemic payments or the Advance Child Tax Credit last year,” IRS Commissioner Chuck Rettig said in a statement. “People should make sure they report the correct amount on their tax return to avoid delays.”

The IRS sent out about 7,4 million "math error" notices due to inaccuracies in the pandemic aid payment instruction from January 1 to July 15, 2021, delaying refunds, many of which are still pending.

You may be interested in: top New York news, stories of our immigrants, and helpful tips about life in the Big Apple - read it all on ForumDaily New York.

Your return status

Although the IRS was unable to refund the earned income tax credit or additional child tax credit by law until mid-February, the agency said those payments were due by March 1 for applicants to receive those payments.

You can check the return status in the section "Where is my return?» via online tool or app IRS2Go.

You may see an update 24 hours after the IRS receives your electronic return, or four weeks after you submit your paper return.

Read also on ForumDaily:

Washington was filled with rats: two people have already become infected with a dangerous virus

People from different countries massively book accommodation in Kyiv through Airbnb: why do they need it when the country is at war

Doctors' predictions did not come true: a man claims to have been cured of brain cancer thanks to a special diet

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.