The most important dates for filing a tax return in 2024

The new year has come Tax season 2024 is just around the corner, says the IRS. Millions of Americans have to file every year, and this year is no exception. That’s why it’s extremely important to know when you need to deal with your taxes to avoid delays or penalties.

More and more taxpayers rely on money from their tax returns to get by. After two years of high prices and excessive inflation, most people have exhausted their emergency funds. So, getting the IRS audit is a priority in 2024.

To receive United States for us to have a better country, it is essential that taxpayers do their duty. Despite the fact that the tax season began on January 23, 2023, it will begin on January 222024 they said IRS.

WHEN IS THE DEADLINE FOR FILING YOUR 2024 US TAX RETURN?

As many times before, IRS announced that the new deadline for submitting a tax return will expire April 15, 2024. Thus, many taxpayers will have almost three months to file or do so. But is early filing advisable?

Jan. 22 is the first important date to save if you want to get your tax refund as soon as possible, says the IRS
Jan. 22 is the first important date to save if you want to get your tax refund as soon as possible, says the IRS

Remember that it is important to prepare everything in advance. The collection of all relevant information and documents will be necessary to avoid delays. This way you can save time.

Moreover, it will not be so tiring if you are in the habit of keeping all the documents regularly. Therefore, it is best to submit a little later if you do not have all the necessary information.

Submitting an incomplete tax return or giving to IRS Inaccurate information may cause delays. So it’s best to file your return when you know it’s ready. Hire a tax professional if you don’t know how. Not only can it save you time, but also money.

IRS INFORMS TAXPAYERS OF NEW FILING AND EXTENSION DEADLINES

April 15 will be the extension deadline. So this will be both the last day to submit and the last day you can apply for an extension. However, even if you qualify for an extension, you must pay the taxes you owe IRS until April 15.

Failure to do so could mean paying interest. Therefore, it is something you should avoid like the plague. Start the new year right. Don’t delay and pay taxes before maturity.

Achieving a better financial situation is possible if you organize yourself. Sometimes there may be different deadlines. This is the case with Maine and Massachusetts.

Taxpayers in Maine and Massachusetts can file their tax returns until April 17, 2024. This usually happens when there is a major holiday or there is a natural disaster. Visit IRS official website for more details.

Related Articles

Back to top button