IRS: Filing Season Begins Jan. 29

By:
Chris Gaetano
Published Date:
Jan 5, 2018
IRS

The IRS announced that this year's filing season begins Jan. 29, though certain credits and refunds won't be available until late February. The IRS selected the date as a way 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 returns. 

Many software companies and tax professionals will be accepting tax returns before Jan. 29 and then will submit the returns when IRS systems open. 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 strongly encourages people to file their tax returns electronically for faster refunds.

The IRS added that the filing deadline this year will be April 17, noting that April 15 falls on a Sunday and April 16 is Emancipation Day, a legal holiday in the District of Columbia. 

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