Filing season starts Jan. 29; returns due April 17

Written on Jan 12, 2018

The IRS will begin accepting tax returns on Jan. 29, and the nation’s tax deadline will be April 17, giving taxpayers two additional days to file beyond April 15.

The IRS also said refunds for certain tax credits won’t be available before late February.

Although the IRS will begin accepting both electronic and paper tax returns Jan. 29, paper returns will begin processing later in mid-February as system updates continue. The IRS set the Jan. 29 opening date to ensure the security and readiness of key tax processing systems in advance of the opening and to assess the potential impact of tax legislation on 2017 tax returns.

By law, the IRS cannot issue refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) before mid-February. While the IRS will process those returns when received, it cannot issue related refunds before mid-February. The IRS said it expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards starting Feb. 27, if they chose direct deposit and there are no other issues with the tax return. Taxpayers should keep copies of their prior-year tax returns for at least three years.

The filing deadline is later because April 15 falls on a Sunday and April 16 is Emancipation Day – a legal holiday in the District of Columbia.

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