1d • General discussion
When Does the IRS Start Accepting Taxes?
The Internal Revenue Service (IRS) also will start accepting taxes as early as January 26, but most Americans will wait several more weeks before finalizing their returns.
Why It Matters
Taxes are due on April 15 unless you file for an extension with the IRS. Missing this deadline can lead to serious issues, ranging from a failure to file penalty to interest on unpaid taxes or even the loss of your refund.
When Does the IRS Start Accepting Taxes?
Americans can start filing for taxes on January 26, and experts say the earlier you file, the better.
“While you want to make sure you have all the necessary paperwork and spend time double-checking all necessary documentation to ensure it’s correct, the general rule is the sooner you can get your return submitted, the better,” Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek.
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When Does the IRS Start Accepting Taxes?
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