Following President Joe Biden’s election in 2020, he and the United States government created the American Rescue Plan. The plan serves to better help parents endure the financial effects of the COVID-19 pandemic. The plan allows parents to receive this year’s tax return early through the IRS. The effort intends to help parents function more efficiently in regard to their child’s needs. However, the IRS is currently behind on releasing the tax credits.
According to Tax Pro Linda Troyer from Jackson Hewitt, the payment for August should have appeared in accounts by direct deposit on the 13th.
However, she said the IRS “had a glitch in their system and some of the direct deposits did not go through.”
While glitches do occur, parents throughout the whole of the country depend on the extra monthly payment to get by. And with school fast approaching, that money would do many families a lot of good. Wane 15 said individuals who did not receive the deposit for August will see a paper check in the mail. Apparently, checks should arrive before the release of September payments, however, officials can’t be certain.
As if the glitch didn’t delay payments enough, American citizens continue to wait on stimulus payments that were supposed to have been dispersed throughout COVID lockdowns. According to the news outlet, the IRS is still currently behind on tax returns dated as far back as 2019.
Families Experience Increasing Frustration at the Delay in Child Tax Credits & Other Due Payments
As the IRS attempts to get it together with its latest round of missing stimulus payments, people continue to experience frustration. While the IRS distributes the latest round of missing credits, The Washington Post claims there are individuals missing all three forms of payment. These include tax refunds, stimulus checks, or the monthly child tax credit returns.
The article shared that a Facebook group, consisting of families who received or wait to receive delayed payments, continues to grow rapidly. One nurse stated, “[it’s 7:09 in the AM and it’s already impossible to get through.”
While the delay in payments is frustrating, what’s adding fuel to the fire is that U.S. residents are almost entirely unable to contact representatives from the IRS. This removes their ability to discuss issues with their tax returns. Although the child tax credit payments are much needed at this time, they are not the only payments late. The IRS has not been communicating well with concerned individuals and families. Further, consistently unanswered and unreturned calls remedy nothing. Additionally, the IRS website’s home page does not offer specific instructions or resolutions on how to best take care of payment delays.
Overall, Outsider simply hopes families receive their due payments before the American Rescue Plan ends as of next year. Otherwise, that’s sure to unveil a whole host of new, more complicated problems and delays.