What does "Your tax return is still being processed. A refund date will be provided when available." Exactly mean? (2024)

FAQs

What does "Your tax return is still being processed. A refund date will be provided when available." Exactly mean? ›

This is the message that would appear if there is a delay with your processing. “Processing” or “still processing” does NOT mean there is a delay, just means the IRS is processing your return. We apologize, but your return processing has been delayed beyond the normal timeframe.

"Being processed", means the IRS must first process your return and then approve your refund. Even though the IRS issues most refunds in less than 21 days after they receive your tax return, it's possible your tax return may require additional review and take longer.

So, if it appears the refund was issued, but you still haven't received it, you can ask the IRS to do a refund trace. This is the process the IRS uses to track a lost, stolen, or misplaced refund check or to verify a financial institution received a direct deposit.

Refund determined: If the return filed by the taxpayer is found to be accurate and has a refund claim, the refund will be issued to them. Typically, the refund process takes around 20-45 days after the e-verification of the income tax return.

The transcript also provides a processing date, estimating when your refund will be issued, often within 21 days of the cycle code date.

If their refund status changes from “being processed” status to “still being processed” status, the issue detected in the tax forms was likely resolved and the refund may be released when it is approved for a future cycle date.

Taxpayers whose tax returns have been flagged for possible identity theft should receive one of the following letters: Letter 5071C, Potential Identity Theft during Original Processing with Online Option – Provides online and phone options and is issued most widely.

📌The IRS "Being Processed" refund status usually. means your tax return is done "Being Processed" but. your tax refund is not approved for a direct deposit. date yet. ☑Connect here and share the latest info if you.

If the IRS is reviewing your return, it may have questions about your wages and withholding, or credits or expenses shown on your tax return. The review process could take anywhere from 45 to 180 days, depending on the number and types of issues the IRS is reviewing.

An incomplete return, an inaccurate return, an amended return, tax fraud, claiming tax credits, owing certain debts for which the government can take part or all of your refund, and sending your refund to the wrong bank due to an incorrect routing number are all reasons that a tax refund can be delayed.

How long after your tax return is processed will I get my refund? ›

The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it's possible your tax return may require additional review and take longer.

Refunds to debit cards tend to take between two and five business days, but it can take up to 30 days depending on the company issuing the refund.

You can check the status of your tax refund using Track My Refund. If your refund details state that it's still processing, you can check your tax return to see if you catch any errors. If your refund status instructs you to contact the IRS, you can speak to an agent to get clarification by calling 1-800-829-1040.

Processing date – the day on which a transaction is processed against an account. Value date – the date that the funds are meant to be made available to the beneficiary.

The 'as of' date on tax transcript 2022 represents the date on which your tax balance is calculated by the IRS, including your interest and penalties.

The IRS generally issues refunds within 21 days of when you electronically filed your tax return, and longer for paper returns. Find out why your refund may be delayed or may not be the amount you expected.

Under Processing. This implies that your Income-tax Return is still not processed. It is under process. Further, no need to worry if you have e-verified or sent your signed ITR V by post as it will definitely be processed by the department sooner or later and then you will receive a refund.

Topic 152 is a generic reference code notifying you that your return may require further review and could take longer than the typical 21 days. No additional steps are required.

There are a few reasons why your federal refund may be delayed. One of the most common culprits is submitting a return that contains an error, such as the wrong Social Security number or incorrect direct deposit information. The IRS could also be holding up your refund if it requires additional review or is incomplete.