The Internal Revenue Service (IRS) typically begins accepting tax returns in mid-to-late January. The exact date varies from year to year, but in 2025, the IRS is expected to start accepting returns on January 24, 2025.
Filing your taxes on time is important to avoid penalties and interest charges. If you are expecting a refund, filing early will also allow you to receive your refund sooner. The IRS offers a number of resources to help you file your taxes, including free online tax preparation software and a toll-free helpline.
The IRS website has a wealth of information on filing your taxes, including the latest news and updates. You can also find information on specific tax topics, such as deductions and credits. If you have any questions about filing your taxes, you can contact the IRS by phone or mail.
1. Date
The date January 24, 2025 is significant because it is the day that the Internal Revenue Service (IRS) will begin accepting tax returns for the 2024 tax year. This date is important for taxpayers because it marks the beginning of the tax filing season. Taxpayers who file their returns early may be able to receive their refunds sooner and avoid penalties and interest charges.
- Filing Deadline: The filing deadline for the 2024 tax year is April 15, 2025. However, taxpayers who file for an extension will have until October 15, 2025 to file their returns.
- Free File: The IRS offers a free online tax preparation service called Free File. This service allows taxpayers to file their federal and state tax returns for free. To use Free File, taxpayers must meet certain eligibility requirements.
- VITA: The IRS also offers a program called VITA (Volunteer Income Tax Assistance). This program provides free tax preparation assistance to low-income taxpayers. To find a VITA site near you, visit the IRS website.
Filing your taxes on time is important to avoid penalties and interest charges. If you are expecting a refund, filing early will also allow you to receive your refund sooner. The IRS offers a number of resources to help you file your taxes, including free online tax preparation software and a toll-free helpline.
2. Month
The month of January is significant in relation to “when does IRS start accepting returns 2025” because it is the month in which the IRS typically begins accepting tax returns. This is important for taxpayers to know because it marks the beginning of the tax filing season. Filing your taxes on time is important to avoid penalties and interest charges. If you are expecting a refund, filing early will also allow you to receive your refund sooner.
The IRS typically begins accepting tax returns in mid-to-late January. The exact date varies from year to year, but in 2025, the IRS is expected to start accepting returns on January 24, 2025.
Taxpayers should be aware of the IRS filing deadline, which is typically April 15th. However, taxpayers who file for an extension will have until October 15th to file their returns.
3. Year
The year 2025 is significant in relation to “when does IRS start accepting returns 2025” because it is the year for which the IRS will begin accepting tax returns. This is important for taxpayers to know because it marks the beginning of the tax filing season. Filing your taxes on time is important to avoid penalties and interest charges. If you are expecting a refund, filing early will also allow you to receive your refund sooner.
The IRS typically begins accepting tax returns in mid-to-late January. The exact date varies from year to year, but in 2025, the IRS is expected to start accepting returns on January 24, 2025.
Taxpayers should be aware of the IRS filing deadline, which is typically April 15th. However, taxpayers who file for an extension will have until October 15th to file their returns.
4. IRS
The Internal Revenue Service (IRS) is the agency of the U.S. Department of the Treasury responsible for tax collection and tax administration. The IRS is responsible for enforcing the Internal Revenue Code, which is the set of laws that govern the taxation of income, estate, and gift taxes.
- Tax Collection: The IRS collects taxes from individuals and businesses. This includes income taxes, payroll taxes, and excise taxes. The IRS also collects estate taxes and gift taxes.
- Tax Administration: The IRS administers the tax laws. This includes issuing regulations, providing guidance to taxpayers, and resolving tax disputes.
- Tax Enforcement: The IRS enforces the tax laws. This includes investigating tax fraud, imposing penalties, and collecting unpaid taxes.
The IRS is responsible for setting the date on which it will begin accepting tax returns each year. The IRS typically begins accepting tax returns in mid-to-late January. In 2025, the IRS is expected to start accepting returns on January 24, 2025.
FAQs about “when does irs start accepting returns 2025”
This section provides answers to frequently asked questions about the start date for the 2025 IRS tax filing season.
Question 1: When will the IRS start accepting tax returns in 2025?
Answer: The IRS is expected to start accepting tax returns on January 24, 2025.
Question 2: Why is it important to know when the IRS starts accepting returns?
Answer: Knowing when the IRS starts accepting returns is important because it allows taxpayers to plan ahead and file their taxes on time. Filing your taxes on time can help you avoid penalties and interest charges, and it can also speed up the refund process.
Question 3: What are some tips for filing your taxes on time?
Answer: Here are some tips for filing your taxes on time:
Gather your tax documents early. Choose a tax preparation method. Start working on your taxes early. File your taxes electronically. If you can’t file your taxes on time, file for an extension.
Question 4: What are the penalties for filing your taxes late?
Answer: The penalties for filing your taxes late can vary depending on how late you file and how much you owe. Generally, the IRS charges a late filing penalty of 5% of the unpaid tax for each month or part of a month that your return is late, up to a maximum of 25%. In addition, the IRS may charge you interest on the unpaid tax.
Question 5: What are the benefits of filing your taxes early?
Answer: There are several benefits to filing your taxes early, including:
You can avoid penalties and interest charges. You can get your refund sooner. You can avoid the last-minute rush.
Question 6: Where can I get help with filing my taxes?
Answer: There are a number of resources available to help you with filing your taxes, including:
The IRS website Free tax preparation software Tax professionals
Summary: Filing your taxes on time is important to avoid penalties and interest charges. The IRS typically begins accepting tax returns in mid-to-late January. In 2025, the IRS is expected to start accepting returns on January 24, 2025.
Transition to the next article section: Now that you know when the IRS will start accepting returns in 2025, you can start planning ahead to file your taxes on time.
Tips for Filing Your Taxes on Time
Filing your taxes on time is important to avoid penalties and interest charges. Here are some tips to help you file your taxes on time:
Tip 1: Gather your tax documents early.
The first step to filing your taxes is to gather all of your tax documents. This includes your W-2s, 1099s, and any other documents that show your income and expenses for the year.
Tip 2: Choose a tax preparation method.
There are a few different ways to prepare your taxes. You can use tax software, hire a tax preparer, or file your taxes online. Choose the method that is best for you based on your individual needs and circumstances.
Tip 3: Start working on your taxes early.
Don’t wait until the last minute to start working on your taxes. Starting early will give you plenty of time to gather your documents, choose a tax preparation method, and complete your return.
Tip 4: File your taxes electronically.
Filing your taxes electronically is the fastest and most accurate way to file. E-filing can help you avoid errors and speed up the refund process.
Tip 5: If you can’t file your taxes on time, file for an extension.
If you can’t file your taxes on time, you can file for an extension. This will give you an additional six months to file your return.
Summary: Filing your taxes on time is important to avoid penalties and interest charges. By following these tips, you can make the tax filing process easier and less stressful.
Transition to the article’s conclusion: Now that you have some tips for filing your taxes on time, you can start planning ahead for the upcoming tax season.
Conclusion
The IRS typically begins accepting tax returns in mid-to-late January. In 2025, the IRS is expected to start accepting returns on January 24, 2025. Filing your taxes on time is important to avoid penalties and interest charges. If you are expecting a refund, filing early will also allow you to receive your refund sooner.
The tax filing process can be complex, but it is important to file your taxes accurately and on time. By following the tips in this article, you can make the tax filing process easier and less stressful.
