The Internal Revenue Service (IRS) has announced important dates for taxpayers to file their 2024 tax returns in the United States. The 2024 tax return season will start on January 29, with the receipt of tax returns settled during the 2023 tax year.
To assist in the filing process, the IRS has provided valuable recommendations for taxpayers to ensure the correct preparation of their returns and to avoid errors that could cause delays in processing and obtaining a refund.
Key dates for filing taxes in the United States in 2024 include:
– January 12: Opening of the IRS ‘Free File’ tool for taxpayers with income of up to $79,000 in 2023.
– January 29: Beginning of acceptance of individual tax returns by the IRS for processing.
– April 15: Deadline to file tax returns or request an extension.
– April 17: Deadline for taxpayers in Maine and Massachusetts to file tax returns or request an extension.
– October 15: Last day to file taxes for those who successfully requested an extension.
Key documents for filing taxes include Form W-2, various Forms 1099, and Form 1095-A with the Health Insurance Marketplace Statement. Taxpayers are encouraged to be aware of these key dates and have the appropriate documentation to ensure smooth filing of tax returns and efficient processing by the IRS.
The IRS also noted that for the second year in a row, the implementation of a rule requiring certain forms for payments of $600 or more through payment processing companies has been postponed.
Taxpayers are advised to prepare in advance for a successful 2024 tax season by staying informed and ensuring they have the necessary documentation for filing their tax returns.