IRS Update: millions of taxpayers should watch out for January 29th on their tax returns

Do not miss out on the most important dates for 2024 the IRS has scheduled and make use of these helpful tips to avoid delays

The IRS and the new dates for your tax return and tax refund in the USA in 2024

The IRS (Internal Revenue Service) has announced when the new tax season starts in 2024. In fact, it will be on January 29. So, it is 6 days later than it was in the previous year.

To get your tax refund money you must file first. The second date you must save is April 15. It will be when the Internal Revenue Service will stop receiving tax returns for most filers. If you do not have enough time, apply for an extension.

Some States may have a longer deadline due to holidays or because of natural disasters. For example, the IRS claims that the due date to file in Massachusetts and Maine will be April 17, instead of April 15.

WHEN IS THE DUE DATE THE IRS SET FOR FILERS WHO GOT AN EXTENSION?

The IRS has announced that the deadline to file if you get an extension will be on October 15. What is more, there is a new service for some eligible taxpayers in the United States.

The IRS will open the new tax season in just one week, get your tax return documents ready to get your tax refund ASAP
The IRS will open the new tax season in just one week, so get your tax return documents ready to get your tax refund ASAP

For your information, it is known as Direct File and it can help you file. However, only some States are taking part in this Pilot program. By doing so, they can learn how effective it is and they can help taxpayers faster too.

Besides, it was from January 12 when the Internal Revenue Service allowed taxpayers in some States to use Free File. This is the best way to do your taxes without having to pay for it. On the one hand, it can help you prepare your taxes.

On the other hand, it will also help you file your 2023 tax return. It is true that not all taxpayers qualify for the IRS Free File. Anyway, you can always hire a tax preparer to do the tough work for you.

TAX RETURN TIPS FOR BEGINNERS IN THE USA

Getting essential information to file your 2023 is vital, especially if you have never done it before. Firs of all, the Internal Revenue Service recommends using your Internal Revenue Service online account.

All you have to do is visit https://www.irs.gov/payments/your-online-account and log in or create a new account if you do not have one yet. Secondly, you must get and organize all your tax records for 2023.

The third thing you should take into account is the fact that requesting a direct deposit is faster and safer. Checks will take longer to process and they could get lost.

Some taxpayers have received their tax refund in less than 21 days because they filed electronically and claimed direct deposit. Only hire a tax pro the IRS recommends. Make use of all the online tools the Internal Revenue Service offers at https://www.irs.gov/help/telephone-assistance.

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