Some parents may see months of delay in tax refunds
Some parents may see months of delay in tax refunds

Some parents may see months of delay in tax refunds

BELL COUNTY, TX – The tax season is in full swing, and with many people already filing their taxes, this year is a little different last year … especially if you’re a parent who’s received these advanced tax deductions for children.

Last summer, the IRS began distributing monthly payments to people who qualify for a child tax deduction.

“It’s really expanded for 2021. It’s almost double what it was for 2020,” said Dr. David Ritter, Associate Professor of Accounting, Texas A&M Central Texas.

These payments and along with COVID stimulus checks make this tax season a little harder than previous years.

“In the past, you could just pick up your forms, put them together in a way and submit your tax. Now we have the child tax deduction and the stimulus check to take into account, and if these things are not entered correctly when you submit your tax return, there is a high probability that there will be some kind of delay. “Said Nicholas Jones. State Authorized Public Accountant .

Simply entering information incorrectly may cause your return to require manual IRS verification … a process already delayed due to the pandemic.

“We used to expect 3 to 6 weeks before it was touched. “Now we’re looking at 3 to 6 months for someone to manually process that return, and if you need that money, there’s really no need to rush through incomplete information,” Jones said.

The good news is that there is help out there, which is often free to ensure you do not miss anything when you file your tax return.

“People who do not make a lot of money should try to look at the Voluntary Tax Aid, VITA. Which is provided by pretty much every city in the area. “Said Dr. Ritter.

The error goes away, make sure all your information is entered correctly and get help if you need it or you can wait months for your tax return.

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