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Over 50% of all people file annual federal income tax returns before April 1 of each year. Most of the rest file in the first two weeks of April, but 5% get an extension to October 15. ing to the IRS, about 10% dont file at all.
In its third filing season since the COVID-19 pandemic began, the Internal Revenue Service (IRS) prioritized processing its backlog of tax returns but its current inventory of unprocessed returns remains high. At the end of 2021, IRS had a backlog of about 10.5 million paper returns and returns stopped for errors.
Highlights of the Data The IRS processed more than 261.0 million Federal tax returns and supplemental documents (Tables 2XLSX and 3XLSX) in FY 2021. Nearly 203.6 million returns and other forms were filed electronically. These represented almost 78 percent of all filings.
Even though many taxpayers file their tax returns on or by about April 15 every year, there is no need to put it off until the last minute. Indeed, filing an early tax return can make sense for a variety of reasons. The IRS begins accepting and processing 2021 tax year returns on Monday, January 24, 2022.
In 2021, more than 160 million people filed individual tax returns, the most ever, ing to IRS data. The agency expects more than 165 million to file this year.
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Overall, the IRS anticipates most taxpayers will receive their refund within 21 days of when they file electronically if they choose direct deposit and there are no issues with their tax return. The IRS urges taxpayers and tax professionals to file electronically.
Tax filing season is here, and there are expected to be close to 100 million personal tax returns filed in America this year (remember - some returns could be for married couples, some for singles, some for head of households).
Status of Processing Form 1040-X, Amended Individual Tax Return: As of December 3, 2022, we had 700,000 unprocessed Forms 1040-X. We are processing these returns in the order received and the current timeframe can be more than 20 weeks. Please dont file the same return more than once.
2022 Tax Season (2021 Tax Year) e-File Statistics Individual Income Tax Returns20212022Self-prepared67,299,00066,832,000Total Refunds:Number66,832,000108,622,000Amount$358.878 Bill.$344.953 Bill.10 more rows
Do it yourself with tax software or through the IRS website. The IRS does not charge to file taxes. If youre well-versed in tax law (most people arent) you can print out and mail in your paperwork or request the paper forms in the mail.

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