How long does it take for the IRS to process a tax refund?
Generally speaking, for an individual tax return, if you have electronically filed the tax return and you are expecting a tax refund, the IRS has generally been able to send the refund within 2 months and 2 weeks shorter assuming you have elected to have the money electronically deposited into your bank account.
There may be instances where the refund is processed a couple weeks faster and sometimes there are instances where the refund is processed a couple of weeks later. The delay could be caused by a number of factors, some of them include the following;
1. The Tax return was paper filed rather than E-Filed. This has been known to cause a delay in the processing of the tax refund by at least 2 weeks.
2. The Partnership tax return that generated the K-1 has not been mailed or inputed into the system by the IRS.
3. Some regions of the country have experienced faster processing than others, all due to the volume of the tax returns filed for the respective regions relative to the other regions.
4. Errors on the tax returns particularly related to the dependents social security numbers.
5. The tax return filed is rather complex.