April 18 is the 2021 federal tax deadline for most Americans. Here's what to know before filing an extension or sending your return.
You're likely to receive your refund within 21 days by filing an accurate, electronic return with direct deposit. But mistakes may send your return into what the IRS calls "error resolution," requiring manual review, Campbell warned., such as your W-2, investment income and more. You'll also want to double-check IRS letters for details on stimulus checks and advance child tax credit payments.
"We urge extra attention to those who received an economic impact payment or an advance child tax credit last year," IRS Commissioner Chuck RettigThe IRS mailed roughlyfor stimulus payment mistakes from Jan. 1 through July 15, 2021, halting refunds, and many are still waiting for a resolution. "Mistakes are much easier to come by if you're scrambling at the end of the game instead of having everything in line ready to go," Campbell added.
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