Did You File a Paper Tax Return?

Checking on the status of a paper return you filed? You need lots of patience. Because of limited IRS staffing, there are significant delays in the processing of paper returns requesting refunds that were filed in March or later, the Service says. IRS is advising taxpayers not to call about the status of filed return or refund and is warning them not to file a second return. Essentially, it is a waiting game.

There is some good news. IRS will pay interest on delayed tax refunds. For returns filed by July 15, the interest will run from April 15 through the refund date. The Service says that it may send out refunds and interest payments separately.

The Kiplinger Tax Letter
June 2020