Welcome to tax season. What to know before you file
CNN
Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns.
Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone sending your return in, here’s what you need to know and some tips to make doing your taxes a little easier. The official IRS filing and payment deadline this year is April 15, unless you: Live in a federally declared disaster area: For residents and businesses in such areas, the IRS typically grants extensions for both filing and paying income taxes, plus any other federal tax obligations you may have in a given period. (Specific relief notices by disaster area can be found here on the IRS Web site.) For example, the IRS pushed the tax filing and payment deadlines to October 15 for those in counties affected by the Los Angeles area wildfires. Can’t or don’t want to file by April 15: That is okay so long as you apply for an automatic six-month extension by that date. That kind of extension, however, is simply an extension to file your 2024 return, but not an extension to pay what you owe. If you owe any money to the IRS for tax year 2024, April 15 is still your payment deadline. The IRS Direct File program, which lets eligible taxpayers file their taxes directly with the IRS for free, is now available in 25 states, up from 12 last year when the agency piloted the program.
The story of AI in the 2020s has gone something like this:
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Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns.
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