 |
IRS has backlog of 1M unprocessed tax returns
Source:
foxbusiness.com
- Dec 8, 2020
The Internal Revenue Service still needs to process about 1 million paper tax returns after the coronavirus pandemic and subsequent stay-at-home mandate upended operations, the agency’s commissioner told Congress during recent Capitol Hill testimony.
As of Nov. 20, the IRS had processed about 162.4 million of the 168.6 million returns it had received. During the same time last year, the agency had processed almost all of the returns it had received — about 155 million out of 155.4 million.
“We have done all that we can really do,” IRS Commissioner Charles Rettig told the House Ways and Means Oversight Subcommittee, adding: “On behalf of the Internal Revenue Service and every employee, for literally every American, we appreciate the patience and understanding. This is not an excuse, but I will say that our employees went through the same exact thing as every other American during COVID with respect to health and safety concerns.”
click source to read article
Category: General Business
|
