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IRS finished 2021 filing season with backlog of 35 million tax returns that needed manual processing

The National Taxpayer Advocate said that at the end of May, there were 35 million tax returns that still needed to be manually processed. The backlog includes about 16.8 million paper tax returns waiting to be processed, about 15.8 million returns suspended for further review and 2.7 million amended returns. The backlog is nearly three times larger …

IRS finished 2021 filing season with backlog of 35 million tax returns that needed manual processing Read More »

IRS: Families Receiving Monthly Child Tax Credit Payments Can Now Update Their Direct Deposit Information.

The Internal Revenue Service today upgraded a key online tool to enable families to quickly and easily update their bank account information so they can receive their monthly Child Tax Credit payment. The bank account update feature was added to the Child Tax Credit Update Portal, available only on IRS.gov. Any updates made by Aug. …

IRS: Families Receiving Monthly Child Tax Credit Payments Can Now Update Their Direct Deposit Information. Read More »

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