IRS announces when filing season will start

By Sally P. Schreiber, J.D.

The IRS announced that this year’s filing season will begin Jan. 29, a little later than last year’s filing season, which began Jan. 23. The announcement of the start date for tax season comes much later than last season (Jan. 4 versus the beginning of December last time). The Service had announced in November that it was still updating its systems to prepare for the 2018 filing season.

The IRS also explained that individual tax returns are due April 17 this year because April 15 is a Sunday and April 16 is a holiday in the District of Columbia.

Although the IRS will not accept returns until Jan. 29, it noted that many tax software and preparation companies will accept returns earlier and file them when the IRS begins accepting them. It also reminded taxpayers that, by law, it cannot issue refunds related to claims for the earned income tax credit or the additional child tax credit until mid-February.

— Sally P. Schreiber (Sally.Schreiber@aicpa-cima.com) is a JofA senior editor.

Where to find February’s flipbook issue

The Journal of Accountancy is now completely digital. 

 

 

 

SPONSORED REPORT

Get Clients Ready for Tax Season

This comprehensive report looks at the changes to the child tax credit, earned income tax credit, and child and dependent care credit caused by the expiration of provisions in the American Rescue Plan Act; the ability e-file more returns in the Form 1040 series; automobile mileage deductions; the alternative minimum tax; gift tax exemptions; strategies for accelerating or postponing income and deductions; and retirement and estate planning.