Yearly, the Inside Income Service (IRS) units a date once they start accepting tax returns. The date varies barely from 12 months to 12 months, however it usually falls in late January or early February. For the 2025 tax 12 months, the IRS will start accepting tax returns on January 24, 2025.
Submitting your taxes on time is vital as a result of it helps you keep away from penalties and curiosity fees. It additionally ensures that you just obtain any tax refunds that you’re due. If you’re unable to file your taxes by the April fifteenth deadline, you may file for an extension. Nonetheless, you’ll nonetheless must pay any taxes that you just owe by the deadline.