2022 Tax Season: Here’s When You Can Start Filing Your Tax Returns

The IRS will begin accepting and processing 2021 federal tax year returns on Monday, January 24, 2022. The filing deadline to submit 2021 federal tax returns or an extension to file and pay tax owed is Monday, April 18, 2022, for most taxpayers.

deadline extendedThe January 24 start date for individual tax return filers allows the IRS time to perform programming and testing that is critical to ensuring IRS systems run smoothly.

The tax deadline is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia for everyone except taxpayers who live in Maine or Massachusetts. Taxpayers in Maine or Massachusetts have until April 19, 2022, to file their returns due to the Patriots’ Day holiday in those states. Taxpayers requesting an extension will have until Monday, October 17, 2022, to file.

To help avoid delays, the IRS recommends taxpayers file electronically with direct deposit information. Generally, the IRS anticipates most taxpayers will receive their refund within 21 days of when they file electronically if they choose direct deposit and there are no issues with their tax return.

By law, the IRS cannot issue a refund involving the Earned Income Tax Credit or Additional Child Tax Credit before mid-February, though eligible people may file their returns beginning on January 24. The law provides this additional time to help the IRS stop fraudulent refunds from being issued.

The IRS began sending affected taxpayers Letter 6419, 2021 Advance Child Tax Credit, last month and continues to do so in January, which reports their total advance payments for the year. Taxpayers may also verify their advance payments on the IRS’s CTC Update Portal.

Taxpayers who received the third economic impact payment during 2021 should receive Letter 6475, Your Third Economic Impact Payment, to help them and their preparers determine whether they are eligible to receive a rebate recovery credit for missing stimulus payments. Both letters include important information that can help people file an accurate 2021 tax return.

Questions

We offer comprehensive tax services, including tax preparation and planning. Contact us to discuss your specific tax filing needs.

Join Our Newsletter

Sign up to receive exclusive newsletters with the latest information affecting you and your organization.

Posted in

SHARE THIS POST