Episode 116: Tax Return Processing

Last year, the Taxpayer Advocate Service released the Taxpayer Roadmap.  I am doing a 6-part review of the various stages of the United States federal tax system as shown on the Taxpayer Roadmap. 

To find out more about the roadmap, use this link:  https://taxpayeradvocate.irs.gov/roadmap

 

Part 2 of the 6-part series is a look at tax return processing.  The department looks at returns to see if there is a refund claim or a balance due.  The IRS checks the return to be sure there is no identity theft or other fraud.  Next, the IRS checks the return for math errors and accurate reporting of financial information.  If there is an issue found, does the taxpayer agree or want to dispute the issue?  These and other topics such as tax return processing in the COVID pandemic era are discussed.