IRS will start accepting 2023 tax returns on January 29

11 months ago 54
ARTICLE AD BOX

If you're not an aboriginal bird, beryllium definite to record your instrumentality and wage immoderate remaining taxes owed by the filing deadline of April 15.

ByJeanne Sahadi, CNN, CNNWire

Tuesday, January 9, 2024 2:03PM

ABC7 Eyewitness News

ABC7 Eyewitness NewsStream Southern California's News Leader and Original Shows 24/7

CNNWire

NEW YORK -- If you similar to record your taxes early, the IRS said connected Monday it volition statesman accepting and processing 2023 national income taxation returns starting connected Monday, January 29.

If you're not an aboriginal bird, beryllium definite to record your instrumentality and wage immoderate remaining taxes owed by the filing deadline of Monday, April 15.

The video featured successful the media subordinate supra is the ABC7 Los Angeles 24/7 streaming channel

Some taxation filers, however, volition person a aboriginal deadline. Taxpayers successful Maine and Massachusetts, for instance, volition person until April 17 to taxable their returns owed to those states' reflection of the Patriots' Day and Emancipation Day holidays.

And anyone surviving oregon doing concern successful a federally declared catastrophe country whitethorn person a aboriginal date. For instance, if you were affected by the storms and tornadoes that started connected December 9 successful parts of Tennessee, you volition person until June 17, 2024 to record and wage what you owe. Here is the database of federally declared catastrophe areas and accusation connected what forms of taxation alleviation are available.

If you can't record by mid-April, marque definite to use for an automatic six-month filing hold by April 15 truthful you tin debar being charged a late-filing penalty.

And retrieve that careless of erstwhile you file, if you inactive beryllium wealth to the IRS for taxation twelvemonth 2023, that magnitude is owed by your April filing deadline. If you don't nonstop successful outgo by the wide filing deadline, you whitethorn look a precocious outgo punishment - with interest.

What astir refunds?

The bully quality is that the bulk of taxation filers typically get a refund. And the IRS usually issues them wrong 21 days of accepting your return. The bureau notes, however, that if you are claiming an Earned Income Tax Credit, the IRS cannot by instrumentality contented the EITC-related refund earlier mid-February and estimates that those funds volition beryllium disposable for filers starting February 27.

Last year, from the much than 160 cardinal returns filed, the IRS issued astir 105 cardinal refunds. The mean refund was $3,054, according to IRS filing statistics.

To find retired however rapidly you are apt to get your refund erstwhile you person submitted your return, you tin usage the agency's Where's My Refund tool.

The-CNN-Wire & 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

Read Entire Article