What Could Delay a Federal Tax Return Refund?
When you complete your income tax return and realize you are owed a federal tax refund, you want it as soon as possible. However, a number of factors could delay how quickly you receive your refund. Taking extra time to make sure your return is properly completed can help increase your odds of receiving your refund without delay.
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Paper Return
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Filing a paper return rather than efiling your federal income taxes can result in the IRS taking a longer time to process your refund and issue your refund check. When you file an electronic return, you can expect to wait about three weeks before your refund will be issued. If you file a paper return, expect to wait about twice as long -- six weeks -- before your refund will be issued.
Correct Personal Information
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When filling out the identification section of your tax return, make sure that you enter your name and the names of your spouse and dependents precisely as they are printed on your Social Security cards. Using a different name or incorrectly entering your income tax return will delay your refund. Also, when you finish your return, be sure to sign it.
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Incorrect Math
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Another common error leading to delays in refunds is math errors. If you have incorrectly figured your taxable income, income after deductions or your total refund due, your refund will be delayed. Also make sure that you have entered the appropriate amount of income tax due based on your income and your filing status.
Missing Forms
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If your return requires you to submit additional forms, be sure to include them with your tax return or your refund will be delayed. For example, the IRS cautions people to be sure to include Copy B of your W-2 wage statements. Also, if you claim certain deductions and credits, you may need to attach additional forms. For example, if you itemize deductions you need to attach Schedule A. If you have more than $1,500 in interest income, you must attach Schedule B.
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