cumulative statistics comparing feb. 15, 2019, and feb. 14, 2020<\/figcaption><\/figure>\n <\/p>\n
readers may be wondering what the heck was going on with refunds, and the irs hastened to remind us it’s an annual skewing of figures, noting that “calendar factors are having a major, but temporary, impact on this week’s refund numbers.”<\/p>\n
blame it on the path act, section 201, which requires the irs to hold refunds for tax returns claiming the earned income tax credit (eitc) or the additional child tax credit (actc) until feb. 15. last year the week ended on that date, but in 2020 it stopped one day earlier, so refunds held because of the path act were not included in this filing season report.<\/p>\n","protected":false},"excerpt":{"rendered":"