Here are the 2023 IRS tax refund calendar’s important dates and deadlines for you to sort out your taxes and don’t miss anything this season.
Here Are The 2023 IRS Tax Refund Calendar’s Important Dates (PHOTO: Forbes)
2023 IRS Tax Refund Calendar
This tax season the first to benefit from the Inflation Reduction Act, a law passed in August to give more staff and resources, is expected to see the IRS get more than 168 million individual tax returns. 2023 IRS tax refund calendar dates have been compiled, including the deadlines for federal and state taxes as well as the timing of refunds so you don’t miss anything this year.
When Does Tax Season Start In 2023 IRS Tax Refund Calendar
According to Marca news, tax filing season by the IRS began January 23, 2023, and was marked by an emphasis on service enhancement and a warning to taxpayers to file electronically with direct deposit to speed up refunds and minimize delays.
The IRS has successfully opened its systems and is already collecting and processing tax returns for the year 2022. The majority of individual tax returns are expected to be submitted before the April 18 tax deadline for the 2022 tax year.
Moreover, after filing to obtain the tax refund, if you choose a direct deposit and there are no problems with the return, the IRS says people who file electronically and are entitled to a refund can anticipate it in 21 days. n order to help stop the issuance of fraudulent refunds, the agency is not permitted by law to disburse refunds including the Earned Income Tax Credit or Additional Child Tax Credit before mid-February.
When Is The Deadline for Tax Season
The Americans have until Tuesday, April 18, 2023, to file their taxes because April 15 falls on a Saturday, and Emancipation Day is recognized in Washington, DC, on the following weekday, April 17. The deadline to file taxes for anyone in Alabama, California, and Georgia who was impacted by catastrophic hurricanes is May 15. You may be granted more time to file your return if you are serving in the military overseas, including in a conflict zone or as a member of a contingency operation supporting the US Armed Forces.
Furthermore, You can ask for a tax extension available electronically or by mail. To avoid paying a late filing fine to the IRS, you should submit your proposal for an extension on or before the deadline of April 18. If you are one of those who need an extension, the deadline to submit their 2022 tax return is October 16, 2023.
However, requesting an extension does not extend the due date for payments. To avoid late penalties, you must still send in all you owe on schedule. Simply put, an extension allows you extra time to finish your return.
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