So, early tax filers who are a due a refund can often see the refund as early as mid- or late February.

The IRS has announced it will start accepting tax returns on January 23, 2023(as we predicted as far back as October 2022). The IRS Started Accepting Returns on January 23 As a result of all of this, the deadline for filing federal income tax returns (generally Form 1040), will be Tuesday, April 18, 2023, and most states usually follow the same calendar for state income tax returns.ĭepending on when taxpayers file their returns, they can often receive their federal tax refund payment (check or direct deposit) within only 2-3 weeks. However, that Monday, April 17, 2023, is Emancipation Day, a holiday recognized in Washington, D.C., where the IRS is headquartered.Īpril 17 is also Patriot’s Day, a state holiday in Maine and Massachusetts. When the deadline falls on a weekend, the IRS moves the deadline day to the next business day. Why is the 2023 tax deadline April 18 instead of April 15? Because April 15, the standard deadline, falls on a Saturday. If you can’t file your taxes by April 18, keep reading below about how you can file an automatic extension, which gives you an additional six months to file. Keep in mind that the tax deadline this year is Ap(not April 15), and the weeks leading up to the deadline are when the IRS can get swamped by the highest number of tax returns. Fortunately, most of the tax-related issues caused by the pandemic won’t affect taxpayers this season. One bit of great news is that the IRS has been processing tax returns this year even faster than in the last few years, when it was still struggling to overcome issues related to the pandemic.

If you’ve had major income changes this year, had a child, got married or divorced, retired, bought a house, or changed investments, or made any other really significant life changes, you should definitely seek the advice of a tax professional like a CPA or EA in order to make sure you are complying with tax laws and also taking advantage of new changes that could benefit you.

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