2024 Tax Filing Season Set for January 29

The Internal Revenue Service (IRS) has officially set January 29, 2024, as the start date for the 2024 tax season. This announcement is a significant indication of the IRS’s ongoing commitment to improving taxpayer services and the overall efficiency of the tax filing process. This article explores the key aspects of this announcement and what it means for taxpayers.

Introduction

The start of the tax filing season is a critical time for millions of Americans. The IRS has announced that it will begin accepting and processing 2023 tax returns from January 29, 2024. This move is expected to impact over 128.7 million individual tax returns by the April 15, 2024, deadline.

Key Changes and Enhancements

Expanded In-Person and Online Services

• Taxpayer Assistance Centers (TACs): These centers will be opened or reopened to provide in-person services. Many TACs will offer extended hours, making it easier for taxpayers to get help when they need it.
• Toll-Free Line Improvements: The IRS has increased the help available on its toll-free line and expanded the customer call back feature, aiming to significantly reduce wait times.

Enhanced Digital Tools

• Upgrades to “Where’s My Refund?”: This popular tool will now provide more detailed refund status messages in plain language, reducing the need for taxpayers to call the IRS for basic information.
• Paperless Processing: Taxpayers will be able to submit correspondence, non-tax forms, and responses to notices digitally. Additionally, 20 more tax forms can now be e-filed.
• Improved Individual Online Account: The enhanced account includes features like chat support, scheduling and canceling payments, revising payment plans, and validating bank accounts.

The Direct File Pilot Program

A notable introduction is the Direct File pilot program, allowing eligible taxpayers to file their 2023 federal tax returns online for free, directly with the IRS. This service is expected to be widely available from mid-March.

Filing Deadline and Tips

The deadline for most taxpayers to file their personal federal tax return, pay any tax owed, or request an extension is April 15, 2024. However, taxpayers in Maine or Massachusetts have until April 17, 2024, due to holidays. The IRS encourages taxpayers to gather all necessary documents and information before filing to ensure accuracy and avoid delays.

IRS Free File Opens January 12

IRS Free File, a complementary service, will open on January 12, 2024. This service is available to taxpayers or families with an Adjusted Gross Income of $79,000 or less in 2023.

Refund Expectations

The IRS issues most refunds in less than 21 days. However, they caution taxpayers not to rely on receiving a refund by a certain date. Refunds related to the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) will be available starting February 27 for those who chose direct deposit and have no issues with their tax return.

Online Resources for Taxpayers

The IRS website offers various tools to assist taxpayers in filing accurate returns. These include the Interactive Tax Assistant, information on choosing a tax professional, and access to free tax help through the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs.

Conclusion

The IRS’s enhancements for the 2024 tax season demonstrate its commitment to improving taxpayer experiences. These improvements are designed to streamline the filing process, reduce wait times, and provide more accurate and timely information to taxpayers. As we approach the start of the tax season, these changes are expected to positively impact the way millions of Americans file their taxes.