IRS updates what you can expect status

Your Guide to State, Local, Federal, Estate + International Taxation

Periodically, IRS will report on “What You Can Expect” when you interact with them for certain things. With COVID, worker shortages and other everyday life issues, the status of what you can expect from IRS changes from time to time and they report on that. Whether it be answering a letter or notice, requesting a Taxpayer Identification Number or filing an Identity Theft Affidavit.  Most recently, they updated their what you can expect status for filing a tax return.

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IRS is now saying they are opening mail within normal timeframes and all paper and electronic individual refund returns received before April 2021 have been processed if the return had no errors or did not require further review. As of May 14, 2022, IRS had 9.8 million unprocessed individual returns which included returns received before 2022 and new tax year 2021 returns.  Of these, 2.4 million returns require error correction or other special handling, and 7.4 million are paper returns waiting to be reviewed and processed. IRS is trying to lower processing times by continuing to reroute to locations with more staff available.

Regarding amended individual returns, as of May 14, 2022, IRS had 2.2 million unprocessed Forms 1040-X. The current timeframe to process can be more than 20 weeks and we’ve certainly seen that with our clients. IRS is asking that you don’t file a second tax return (by assuming they lost your original filing or that it will speed up processing) or that you contact them about it other than through their automated system. You can find that on their website and search “where’s my amended return”.

High expectations these may not be, but this is the status they report and it’s ever changing.  If you have any questions, contact your Henry+Horne advisor.

Dale Jensen, CPA