BOSTON (CBS) – The 2022 tax season kicks off January 24, and taxpayers have been warned it’s going to be another bumpy ride. The IRS is still processing a backlog of more than 6 million returns.
“Over there [are] just unprocessed paper trucks,” Hingham CPA Tim McClellan told WBZ-TV.
That’s why McClellan’s number one piece of advice for taxpayers is to avoid paper returns.
“Paper is the IRS kryptonite,” he said, citing a statement from a taxpayer advocate.
Electronic returns are processed by computer and if no defects are found, refunds can be sent. If any errors are discovered, it will need to be reviewed by an IRS officer, which means delays.
“You want something that runs electronically and smoothly. You don’t want any human intervention to get your back,” McClellan said.
If you have received child tax credit payments, pay attention to 6419 letters from the IRS. If you send without it, it could mean more delays.
There’s some good news this year, including more credits for childcare.
“So a family that is paying for daycare for 2 kids could get an $8,000 tax credit,” McClellan said.
The charity deduction has been increased from $300 to $600 for couples filing together. And self-employed taxpayers are eligible for the credit if they have to take sick leave due to COVID.
Experts say the most important thing is to avoid mistakes, and don’t count on calling the IRS for help.
“They only answer about 9% of their calls,” says McClellan.
Applying early can also help. If you’re due for a refund, get it back as soon as you can.
The IRS says most taxpayers who file electronically will receive a refund within three weeks.
Plus, if you think you can dodge the IRS by using crypto, McClellan said the agency is tracking that better.
https://boston.cbslocal.com/2022/01/24/taxes-federal-state-child-tax-credit-refund-questions-6419-letter/ Tax Season Has Started, Here Are Tips To Get A Timely Refund From The IRS – CBS Boston