People wonder about 2024’s essential dates and deadlines as tax season approaches. The IRS expects approximately 128.7 million tax returns, so knowing when taxes are due, when to file, and when refunds are expected is vital. Use this simplified tax breakdown to navigate the maze.
2024 Tax Countdown: Key Dates Unveiled! Don’t Miss the IRS Free File, Refund News, and Critical Deadlines
On January 12, the IRS Free File option became available. Fourth-quarter anticipated tax payments were due January 16. Starting January 29, the IRS will accept and process 2023 tax returns. If you use a software business or tax professional, they may receive your electronic submission before the IRS processes it.
For IRS Direct File pilot program fans, final testing is underway. Taxpayers in participating states will profit from the mid-March rollout.
Personal federal tax returns, settlements, and extensions must be filed by April 15, the primary date. Patriot’s Day and Emancipation Day slightly delayed Maine and Massachusetts people until April 17. The extended deadline is October 15. These deadlines must be met to avoid penalties and streamline the tax process.
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Tax Season Safely with Expert Tips and Key Dates!
The burning question: when can you anticipate your tax refund? The IRS said most refunds take at most 21 days. IRS.gov’s “Where’s My Refund” function and IRS2Go app make refund tracking easy.
Tax season requires vigilance against scammers. AARP tax expert Pat Sharkey advises against tax fraud by emphasizing that the IRS sends letters, not calls.
Remembering these dates can help you stay organized and file taxes easily during tax season. Knowing the timeline helps make tax season more accessible, whether you file early or late.