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

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You may formally begin submitting particular person revenue 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 will need to ship your return and pay federal levies from final yr.

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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 acquired final yr’s steadiness.

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

“Planning for the nation’s submitting season course of is a large 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’ll take to assist guarantee their tax return and refund do not face processing delays,” he mentioned.

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 little one tax credit score funds, Rettig mentioned.

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