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On today’s IRS tax refund update with less than one month to go until the tax filing deadline we will take a look at the latest developments this tax season including the next rounds of tax refunds scheduled for release as well as the latest tax processing numbers from the IRS and from there we will recap some of the biggest issues still impacting those waiting on their tax refunds including the ongoing need to complete ID verification and adjusted tax refunds. Now starting off with the latest as the next rounds of tax refunds are scheduled for release on March 26th and 28st as confirmed by the refund status results and tax transcripts seen here and if you are part of these latest refund batches and have chosen to receive that refund via direct deposit you should see that refund post to your bank account by that refund date and in some cases possibly before depending on your bank but do allow 5 additional days after the refund date for it to post to your bank account before initiating a payment trace with the IRS meanwhile those who are receiving paper checks should receive it in the mail within 7 to 10 days of that refund date. Also taking a look at the latest numbers from the IRS as of their latest update they are reporting 69.6 million tax returns have been processed out of 70.3 million that have been filed with a current remaining balance of 765,000 unprocessed tax returns which include a number of our viewers who are still experiencing delays with the processing of their tax returns and release of those tax refunds. Now with less than a month to go until the tax filing deadline we are still hearing from a number of viewers who are still experiencing delays due to the need to complete ID verification in order to have their tax return fully processed and refund released and are often encountering the action required message box as seen here when checking on the status of their tax refund and a problem some viewers are reporting is not receiving in the mail the necessary IRS letter which is needed to complete ID verification online. 0:00 Introduction 0:26 New Tax Refunds 1:32 Delays 2:01 IRS Notice 2:57 Tax Topic Codes 3:49 CP12 Notice 4:28 Closing This video is under Fair Use: Copyright Disclaimer under Section 107 of the Copyright Act in 1976, Allowance is made for "Fair Use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright status that might otherwise be infringing. Disclaimer: This is for informational purposes only and is subject to change. Material provided should not be considered tax, accounting, or legal advice. Please consult a certified tax consultant for tax advice. #TaxRefund #IRS #News #Taxes #TaxReturn #Tax #Refund #TaxSeason #youtube #video #new #newvideo #breaking news