I haven't even received my refund from last year yet. What is going on at the 
IRS these days? Did COVID create that much of a backlog?


On Sun, Mar 6, 2022, at 8:32 AM, mitch--- via Mercedes wrote:
> On 2022-03-05 00:46, Rick Knoble via Mercedes wrote:
>>> Bodes poorly for values of used V8s and SUVs?
>> 
>> The increasing cost of food may bring the used car market to heel.
>> That and the child tax credit that has been dispensed on a monthly
>> basis, as opposed to getting a large tax return in March or April. One
>> can hope. I'd like to pick up a Benz bargain or two from somewhere
>> other than the rust belt.
>> 
>
> I'm getting people who claim they withheld 'the maximum' being shocked 
> to find that they owe $2k this year. The ACTC didn't make THAT much 
> difference, we're talking about raising a $2k taxtime credit to $3600 
> with $1800 left for now (under 6) or $3k with $1500 left for now (6-17). 
> So I'd expect somebody with a couple of older kids to owe an extra $1k, 
> not $2-3k, and I'm wasting too much time with them demanding I tell them 
> why their employers didn't withhold enough.
>
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