Monday, June 27

Tax Season 2022: This is the key to get tax returns within 3 weeks

Actualizado
25/01/2022

00:02

If you are an IRS taxpayer you should be aware that the Tax Season has started and that if your intention is to get the money back as soon as possible this is the best recommendation that can be made, file your return electronically and not filling out the form physically.

It is known that there are people who refuse to do the process electronically and there are others who cannot do it for various reasons, however, the IRS greatly appreciates the electronic delivery of the form because that way the work will be chosen because the software that they have for these jobs is the one who processes the information and with it the chances of having your money back within three weeks are increased.

The IRS does not want to perform manual processes

It should be noted that the non-electronic processes imply that the limited number of IRS employees have to manually process the information and because of the pandemic, the workload increased, especially at the beginning and that slowed down the speed of the manual processes.

Paper is the IRS’s Kryptonite

Another interesting fact to consider is that the number of IRS employees is the same as it was in 1970, but the population in the U.S. is larger by about 60%, another reason why manual processing is slowing down.

“Paper is the IRS’s Kryptonite, and the agency is still buried in it,” National Taxpayer Advocate Collins said.

That’s why the trend toward electronic processing has increased; today only about 7% of return applications (about 10 million) are done manually, while the remaining 93% (about 138 million) are already done electronically.

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Apply for direct deposit

The last recommendation of the IRS is that you request that the return of your taxes be made by direct deposit to your bank account, it goes without saying that 87 million of the 95 million of the money that was returned to taxpayers last year, was by this method.

So now you know, if the information on your return is correct, you file it electronically and request a refund by direct deposit, you will have the money in your hands in about three weeks.

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