The IRS will pay you interest if you haven’t yet received your 2019 tax refund

• The IRS will pay interest to individuals whose tax refunds have been delayed.
• The IRS is currently backlogged with returns on account of the coronavirus lockdown from a few months ago.
• As a result of the lockdown, which drastically reduced the IRS' labor force, the deadline for filing a tax return was pushed back to July 15.

If you've been patiently waiting for your 2019 tax refund from the IRS to come in, you're not alone. According to reports, millions of Americans still haven't received a refund, an issue that can be traced back to the coronavirus lockdown that effectively brought the country to a standstill for a three-month period earlier in the year. The coronavirus pandemic also prompted the IRS to push back the tax return filing deadline from April 15 to July 15.

As it stands now, the Taxpayer Advocate Service estimates that the backlog of tax returns yet to be processed is somewhere in the range of 4.7 million. Notably, most of these delayed returns were paper-filed.

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The IRS will pay you interest if you haven’t yet received your 2019 tax refund originally appeared on BGR.com on Wed, 1 Jul 2020 at 17:14:22 EDT. Please see our terms for use of feeds.