During the 2020 budget year, the IRS processed more than 240 million tax returns, according to the latest IRS data.
WASHINGTON — The Internal Revenue Service said Tuesday that it will have erased its backlog of last season’s tax returns by the end of this week.
The agency has faced a well-publicized backlog of tens of millions of tax returns and clogged customer service phone systems, which leaders have attributed to decades of underfunding and antiquated internal computer systems.“To date, more than twice as many returns await processing compared to a typical year at this point in the calendar year, although the IRS has worked through almost a million more returns to date than it had at this time last year,” the agency said in statement Tuesday.
That’s on top of an IRS workforce that is the same size it was in 1970, though the U.S. population has grown exponentially and the U.S. tax code has become increasingly complicated. “Despite this progress, there are real challenges ahead,” the letter said. “Because the IRS entered this filing season with a significant backlog, millions of paper returns received in 2022 have not yet been processed.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Trump lawyers contacted a top Pa. Republican every day during 2020 pressure campaign, Jan. 6 committee saysBryan Cutler's testimony was featured during the committee’s fourth public hearing on efforts by Trump and his allies to reverse the outcome of the election.
Weiterlesen »
IRS expects to clear tax return backlog from 2021 this weekThe IRS said Tuesday that it has almost finished processing roughly 8 million unprocessed tax returns from 2022, but it still has millions of paper returns from 2022 that need to be processed.
Weiterlesen »
IRS to clear 2021 tax return backlog soonThe IRS says that all 2021 original individual tax returns that are error-free and that were received last year should be completed in the coming days.
Weiterlesen »
Ben Stiller says ‘seeking safety is a right’ during Ukraine visit on World Refugee DayActor Ben Stiller met with Ukrainian President Volodymyr Zelensky on Monday in Kyiv during a tour of the war-torn country to bring attention to the plight of refugees.
Weiterlesen »
Man killed during shooting at mobile home park in BellflowerAuthorities are investigating the incident as gang-related, after a man in his 30s was found shot to death on the ground within the mobile home park.
Weiterlesen »