According to the latest study from the Treasury Inspector General for Tax Administration (TIGTA), because of the week ending October 28, 9.6 million tax returns were still waiting for processing.
Comparatively, 10.8 million were reported during the week ending October 30, 2021.
The Internal Revenue Service (IRS) has “severe hiring gaps,” according to the TIGTA report, which is why there is a backlog.
The IRS will fall short of its hiring target for 2022, with increased efforts to manage staffing shortages and productivity levels.
The TIGTA stated that the IRS “will continue to have a backlog until the 2023 filing period.”
The average tax rebate for the week ending October 28 was $3,253, up by 13.6% over the previous year, based on the agency.
The IRS was contacted by the U.S. Sun for a response.
How much time do you have to wait
Of course, the time you filed will have an impact on when the return arrives. If you filed correctly, the IRS typically issues refunds in less than 21 days.
Amended returns can now take longer to process than 20 weeks, rising from the normal 16 weeks, based on the IRS.
Use the Where’s My Refund tool provided by the IRS to keep track of the progress of your tax returns. Every day, usually overnight, the IRS changes statuses.
