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Hashem_Yaazor


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Thu, Jul 15 2021, 4:45 am
Same issue. Filed a couple of months ago, still processing. I think it has to do with my baby born beginning of 2020 since they need to send all the stimulus monies for her we're owed and it wasn't so automatic.
So my monthly payment today didn't include her which I figured. But the strangest thing is that it gave me only 250/child (other than her) even though I definitely should get a higher amount for my almost 4 yo.
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My4Jewels


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Thu, Jul 15 2021, 4:47 am
Same mine also says processing we filed early .. so frustrating!
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Hashem_Yaazor


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Thu, Jul 15 2021, 5:00 am
There's no ETA. They have millions they're still muddling through.
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miami85


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Thu, Jul 15 2021, 9:33 pm
Oy, we waited for a LONG time--we filed in February and got it in June I think, but we did finally get it and they forgot to add in our 2020 baby, but somehow I got someone on the phone quickly and they rectified it within a few weeks.
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Hashem_Yaazor


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Fri, Jul 16 2021, 4:30 am
amother [ Lilac ] wrote: | Accountant here and I prepare 100s of tax returns. I would estimate that the IRS is taking 4-5 months on approximately 1/2 of the tax returns. Mainly those that ask for the missing stimulus.
The advance child tax credit is based on 2020 or 2019 if 2020 hasnt been filed or processed.
It seems like a lot of the deposits are incorrect. Dont worry, it will all get straightened out on next year's tax return.
PLEASE dont bother your accountant with it! |
I'm sure it will get straightened out on next year's return but what will be the turnaround time for that?
Sounds like it's a mess waiting to happen and many many more people will have requests to make for errors made this year compared to the 2020 tax return and requesting stimulus money which is already so held up.
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cozyblanket


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Fri, Jul 16 2021, 4:35 am
Hashem_Yaazor wrote: | I'm sure it will get straightened out on next year's return but what will be the turnaround time for that?
Sounds like it's a mess waiting to happen and many many more people will have requests to make for errors made this year compared to the 2020 tax return and requesting stimulus money which is already so held up. |
I guess some of our tax money now needs to go towards hiring more IRS staff to keep up with all the work they have. Pretty ironic.
Unfortunately, they might not be hiring anyone.
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Story


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Fri, Jul 16 2021, 4:47 am
We filed in March and are still waiting for the refund. I had a baby in 2020, didn't realize that might be the issue.
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