Irs issues a new alert with 7 key dates for taxpayers - and the first is tomorrow
Submissions of the 2023 tax season are officially open to treatment.
From tomorrow, you can officially start filing your 2023 taxes. As you start to bring together the necessary tax documents - income forms, standard deductions and personal files - you may also want to take note of a few dates of Key deposit that will help you stay on the right track and avoid paying late penalties.
By April 15, the Internal Revenue Service (IRS) expects it to receive more than 128.7 million Individual income statements, according to a new opinion published on the IRS website. Financial advisers and income preparation companies such as H&R Block and Turbotax will be busy than ever, ensuring that these returns are filled correctly and in time. AE0FCC31AE342FD3A1346EBB1F342FCB
In relation: The IRS announces important changes in income tax declaration for next year - are you assigned?
To help rationalize the process, the IRS reminds taxpayers about seven key dates and periods of the key deposit, the first of which is tomorrow. Have your calendar nearby? Here is the full list of 2024 directly from the IRS:
- January 12: The free IRS file opens.
- January 16: due date for tax payments estimated in the fourth quarter 2023.
- January 26: awareness day of income tax credit.
- January 29: date of start of the deposit season for declarations of individual income.
- April 15: due date of the filing of a declaration of income or the request for an extension for most of the nation.
- April 17: due date for Maine and Massachusetts.
- October 15: due date for extension declarations.
Note that on January 12, the free IRS file, as well as the "participating software companies" will begin to accept the completed income statements. However, they will be held until the deposit season officially begins on January 29, explains the IRS.
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The most exciting and most useful characteristic on which Irs has concentrated is the Where is my refund? tool. The tracker, which can be used on a computer or mobile phone, allows people to regularly check the condition of their refund, including if they may need to contact the IRS directly for more information, according to the IRS press release.
Taxpayers can now also create a Individual online account via the IRS website. In the account, users can create payment plans, confirm whether IRS has treated their payment and even cancel future payments. This tool is particularly useful for independent entrepreneurs or taxpayers who have to pay quarterly taxes.
In terms of deposit, the IRS has a new paperless processing system which will accept more digital tax and non -tax forms than before - up to 125 million paper documents can now be filed online , according to the advice of the IRS.
In other exciting news, taxpayers now have the possibility of filing their taxes digitally and free of charge via the IRS directly. All thanks to the new IRS pilot program called Direct File - but that only some people are eligible. You can Check your online eligibility status .
We hope that improvements will facilitate the 2024 tax season for everyone, including income preparers and IRS.
"While our transformation efforts are settling in, taxpayers will continue to see a marked improvement in IRS operations in the next deposit season", commissioner at the IRS Danny Werfel said in a press release. "IRS employees work hard to ensure that new financing is used to help taxpayers by facilitating the preparation and deposit of taxes."
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