The tax deadline typically falls on April 15 each year. It can be delayed if it falls on a weekend or holiday. Missing the deadline can have consequences like penalties and interest.
Who Needs to File Taxes
Most American citizens and permanent residents who work in the country must file tax returns if their income exceeds a certain amount. You must file a federal income tax return if your 2022 gross income exceeds the amount shown in the IRS table.
For 2024, taxes are due on April 15, as it falls on a Monday.
Preparing for Tax Season
The IRS has not set the date you can start filing taxes, as the time may change yearly. You can start now to fast-track your taxes and refund. Filing electronically is the best way to file an accurate return and get your refund fastest.
For those filing returns, the 2023 filing season starts January 3 and ends April 18. The IRS will start accepting 2022 returns at 9 a.m. Eastern on January 23, 2023. If you made $73,000 or less in 2022, you can use the IRS Free File program to file as early as January 13. The extension deadline is October 16, 2023, giving taxpayers three extra days over April 15.
Start Filing in 2024
- The filing deadline for the regular tax season will be April 15, 2024.
- Approved extension filings will be due by October 15, 2024.
- The IRS hasn’t announced a hard and fast date for accepting 2023 tax returns, but it typically starts in mid-January.
Most taxpayers get their refunds within 21 days after filing. If you applied for credits like the earned income tax credit or the additional child tax credit, refunds won’t be issued until at least mid-February.
When is the First Day to Start Filing Taxes in 2024? The season will start on January 18, 2024.
Taxes provide essential revenue to fund government programs and infrastructure. Understanding the basics of tax filing is crucial to avoid penalties and maximize potential benefits.
A new, pilot tax filing service called Direct File allows eligible taxpayers to file their federal tax returns online for free directly with the IRS.
- Filing early can be beneficial to avoid rushing and potentially missing deductions or credits.
- The IRS usually begins accepting returns towards the end of January.
- The 2023 tax season opens on January 23, 2023.
Extensions and Deadlines
The deadline to file 2023 taxes is April 17, 2023. In Massachusetts or Maine, you have until April 18 due to holidays. An extension to file is not an extension to pay taxes.
Understanding your personal circumstances and filing statuses can help you optimize your tax situation. The deadline for filing 2022 tax returns is April 18, 2023. The Emancipation Day holiday in the District of Columbia gives taxpayers an additional three days compared to the standard April 15th deadline.
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