Some may think it's too early, but the Internal Revenue Service (IRS) has announced that the 2025 tax season has officially begun.
And the same goes for when people can expect to receive a refund.
According to IRS press releasepeople can start filing taxes on Monday, January 27th.
“The IRS expects more than 140 million individual tax returns for fiscal year 2024 to be filed ahead of the federal deadline of Tuesday, April 15,” the release states. There is. “More than half of all tax returns are expected to be filed with the help of a tax professional this year, and the IRS is urging the public to use a tax professional to avoid potential fraud.” I'm calling.”
Those who qualify also have the opportunity to file their taxes for free. The agency offers both IRS Free File Guided Tax Software, which began accepting returns last week, and Direct File, both of which allow people who meet certain criteria to file returns. Complete this annual task for free.
As for when you can receive your refund, the same release states that most refunds will be issued within 21 days of the tax date. The I.R.S.Where can I find my refund?”A tool to track it.
“As part of the IRS's continued improvement efforts, the IRS is working to build on the success of the 2023 and 2024 filing seasons,” the release states. “The IRS is increasing its hours at Taxpayer Assistance Centers across the country and recommitting to providing in-person assistance to taxpayers.
Added release: “The IRS also continues to encourage taxpayers to seek tax assistance from a trusted tax professional or visit IRS.gov first. IRS Improvement Efforts in 2022 and Beyond As part of this, the IRS continues to add and expand a variety of online tools and services to help people pay their taxes.
