What to do about a Late Refund

5/1/2014 | Written by: Karen Reed, EA

There could be a number of reasons for a delayed refund. The IRS may be reviewing your case to eliminate the possibility of identity theft, or it is possible that a tax audit is pending.

You should receive your refund within twenty one days from the date you electronically filed your return, or six weeks if you mailed in a paper return. Wait at least twenty-four hours to check the status of an efiled return and four weeks for a paper return. To access your account you will be required to provide your social security number, filing status and the exact amount of your refund.

Error Code 1121

I you checked on your refund using the IRS’s Where’s My Refund feature and received Error Code 1121, you will simply need to wait for the IRS to process your refund. The agency may or may not contact you for more information, depending on what it finds in its review.

In the Process of Review

If you find out that your return is “in the process of a review,” it could be a sign that a tax audit is coming soon. All you can do at this point is wait to receive an audit or notice letter – or hopefully your refund.