Connect with us

Hi, what are you looking for?

Universal Financial DomeUniversal Financial Dome

Business

IRS announces when it will begin accepting and processing 2023 tax returns

The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29.

But although official processing won’t begin until that date, the agency said filers should not wait to start working on their returns. Most companies that provide tax-filing services have already made 2023 tax year forms available and will simply hold them until the IRS is ready to begin processing.

The agency said IRS Free File for taxpayers with annual incomes of $79,000 or less will also be available on IRS.gov starting Jan. 12. However, the new IRS Direct File pilot, which will allow eligible taxpayers to file their taxes online for free directly with the IRS, won’t be fully rolled out until mid-March.

“As our transformation efforts take hold, taxpayers will continue to see marked improvement in IRS operations in the upcoming filing season,” said IRS Commissioner Danny Werfel. “IRS employees are working hard to make sure that new funding is used to help taxpayers by making the process of preparing and filing taxes easier.”

Among the improvements the agency is touting are expanded in-person services via Taxpayer Assistance Centers (TACs); increased help available on the toll-free hotline, and an expanded customer callback feature designed to significantly reduce wait times.

The agency said it expects more than 128.7 million individual tax returns to be filed by the April 15 tax deadline this year.

This post appeared first on NBC NEWS
Advertisement

    You May Also Like

    Sports

    Tough start to the week for Charlie Woods, and it had nothing to do with his golf game. While warming up for Friday’s pro-am...

    Sports

    The Buffalo Bills know safety Damar Hamlin, who has recovered from collapsing after a cardiac arrest during a game on Jan. 3, wants to...

    Sports

    The Boston Bruins’ record-setting 65 wins and 135 regular-season points have rolled back to zero. The big number now is 16, the number of...

    World

    WASHINGTON — The United States scrambled F-16 fighter jets in a supersonic chase of a light aircraft with an unresponsive pilot that violated airspace...

    Disclaimer: UniversalFinancialDome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 UniversalFinancialDome.com | All Rights Reserved