IRS Announces 2024 Tax Season Key Dates & News: Make Sure You’re Prepared!

IRS Announced the start of the filing season for individual tax returns on January 29th (Photo: Tododisca)

Mark Your Calendar: IRS Unveils Seven Key Filing Season Dates and Deadlines

In preparation for the 2024 tax season, the IRS has released a comprehensive guide to important filing dates and exciting developments. Taxpayers are urged to mark their calendars for the seven key filing season dates and deadlines to avoid late penalties and stay on track. These critical dates include the opening of IRS Free File, due dates for estimated tax payments, and the start of the filing season for individual tax returns on January 29th. Taxpayers in Maine and Massachusetts have specific due dates, and extension filers should note the October 15th deadline.

The IRS is reminding taxpayers of seven important filing season dates and deadlines, starting tomorrow, to simplify the process. Have your calendar nearby? IRS’s complete 2024 list:

• January 12: IRS Free File opens.
• January 16: Due date for 2023 fourth quarter estimated tax payments.
• January 26: Earned Income Tax Credit Awareness Day.
• January 29: Filing season start date for individual tax returns.
• April 15: Due date of filing a tax return or requesting an extension for most of the nation.
• April 17: Due date for Maine and Massachusetts.
• October 15: Due date for extension filers.

Additionally, the IRS has introduced new tools and programs to make the 2024 tax season more convenient for taxpayers. Among these developments is the “Where’s My Refund?” tool, which allows individuals to track their refunds and manage any necessary communications with the IRS. Furthermore, taxpayers can now create an Individual Online Account to manage payment plans and confirm processed payments. The IRS has also implemented a new paperless processing system that accepts more digital tax and non-tax forms, easing the filing process for up to 125 million paper documents.

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The most noteworthy introduction is the IRS’ Direct File pilot program, enabling eligible individuals to file their taxes digitally at no charge through the IRS directly. The IRS assures that these improvements will lead to a more straightforward and efficient 2024 tax season for all involved. Commissioner Danny Werfel emphasized the significant impact of these transformation efforts, promising marked improvements in IRS operations and reaffirming the agency’s commitment to making tax preparation and filing easier for taxpayers in the upcoming season.

As the 2024 tax season approaches, taxpayers should familiarize themselves with the key dates and take advantage of the new tools and programs introduced by the IRS. These developments aim to streamline the tax filing process, making it more accessible and efficient for individuals and tax preparers alike. Taxpayers are encouraged to stay informed about these updates and prepare to utilize the resources offered for a smooth and successful tax season.

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