INDIANAPOLIS — It may be a frustrating tax season for some Hoosiers.
The Internal Revenue Service (IRS) says they are still processing around six million tax filings for the year 2020, which means many Hoosiers are still waiting on a tax refund from the last tax season. There are many reasons why it’s slow going.
Among them are the fact that many people still file taxes by paper. The changes in filing deadlines also played a role. Also, Indiana University accounting professor Greg Geisler says the IRS’s computer system it uses to process filings is outdated.
He has a couple of tips for you to help speed up the process.
“Paper is kryptonite,” he told WISH-TV. “Don’t send them any paper. It’s not getting processed in a timely manner. Also, if you get a refund, direct deposit.”
He also says to expect a long wait if you call the IRS to have a question answered about your taxes.
“The IRS answered 11-percent of the phone calls they received last year, that’s all. 89-percent went unanswered. And that includes those that were on hold for a long time and got disconnected,” Geisler said.
The IRS will start accepting tax filings for 2021 on January 24th.