Today, Monday January 10, 2022, the IRS has set the date of January 24, 2022 to officially open tax filing season, 19 days earlier than last year. That’s the first day the agency will start accepting and processing 2021 federal tax returns.
The IRS encouraged taxpayers to file electronically with direct deposit to receive their tax refunds as soon as possible. The IRS claims taxpayers should receive their refunds within 21 days of filing their return electronically if they use direct deposit and as long as there are no issues with the return.
Remember, the IRS offers a Free File program. That program will open Jan. 18 for taxpayers who made $73,000 or less in 2021. We will provide additional information on that program soon.
This year, your return is due by April 18, 2022 because Washington D.C. celebrates Emancipation Day on April 16th, can April 16th is a Saturday. Federal employees in Washington D.C. have the day off the closest week day when that happens – Friday April 15, 2022. That pushes the deadline to Monday April 18, 2022.
Attorney Steven A. Leahy will explain all of these dates on Today’s Tax Talk.