IRS to open 2021 tax-filing season on Jan. 24

IRS to open 2021 tax-filing season on Jan. 24

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You may formally begin submitting particular person earnings tax returns for 2021 on Jan. 24, in line with the IRS.

For many filers, the tax deadline might be April 18, which is when you should ship your return and pay federal levies from final 12 months.

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Whereas it usually takes fewer than 21 days for refunds, many filers waited longer in 2021, and a few filers nonetheless have not obtained final 12 months’s steadiness.

There have been 6 million unprocessed particular person returns as of Dec. 23, according to the IRS, sparking considerations because the season kicks off. 

“Planning for the nation’s submitting season course of is an enormous endeavor, and IRS groups have been working continuous these previous a number of months to organize,” IRS Commissioner Chuck Rettig said in a statement.

“The pandemic continues to create challenges, however the IRS reminds individuals there are necessary steps they will take to assist guarantee their tax return and refund do not face processing delays,” he stated.

Taxpayers could pace up returns by submitting electronically with direct deposit and keep away from points by double-checking for errors, particularly when reconciling stimulus and advance baby tax credit score funds, Rettig stated.

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