Taxes got extra complicated in 2020, and the IRS has a backlog of 30 million returns that need a manual review.
People have until May 17 to file their 2017 taxes and request their refunds.
The IRS says the process of recalculating taxpayer returns will stretch into the summer.
Many pass their income through partnerships and corporations. Others park money offshore.
Individuals will probably get their American Rescue Plan payments within weeks. State and local governments will wait months.
If the IRS has out-of-date information for your bank account, you may have to claim the stimulus as a credit on your 2020 taxes.
Cards are usually cheaper than checks. Unless there's a dispute.
Many received PPP loans. And that means new tax questions for 2021 filings.