Even Some E-Filers Haven't Gotten Tax Refunds Yet -- Here's Why
For millions of American families, there's never been a more difficult time to make ends meet. Millions are out of work, and millions more are dealing with unprecedented challenges in juggling work and family commitments to try to keep making a living. Government moves such as stimulus checks and enhanced unemployment benefits are helping, but people need every penny they can get.
That's why many people are frustrated at the extra time they've had to wait to get their tax refunds from the Internal Revenue Service. Many people who filed paper tax returns might not see their refunds for months because the IRS hasn't been able to process paper returns due to coronavirus concerns, and there's no fixed date for the tax service to return to normal operations. Yet even among the roughly 90% of American households that filed their taxes electronically, there's been a noticeable uptick in refund delays -- delays that are coming at the worst possible time.
Below, we'll look at what might be going on with these e-filing refund problems.
Source Fool.com
