Tax Season 2022
The 2022 Tax Season is strting early
The IRS is starting its tax filing season earlier than it has in the past
The U.S. tax season will start on Jan. 24, which is “when the tax agency will begin accepting and processing 2021 tax year returns,” the IRS said in a Jan. 10 announcement. This is more than two weeks earlier than the agency started the filing season last year, according to the U.S. Department of the Treasury.
The January 24 start date for individual tax return filers will allow the IRS time over the course of the coming weeks to do additional programming and testing that is critical to ensure that IRS systems will run smoothly this filing season and will help taxpayers claim the remainder of their Child Tax Credit and remaining stimulus funds in a timely manner when filing their 2021 returns.
“Planning for the nation’s filing season process is a massive undertaking, and IRS teams have been working non-stop these past several months to prepare,” IRS Commissioner Chuck Rettig said in a statement. “The pandemic continues to create challenges, but the IRS reminds people there are important steps they can take to help ensure their tax return and refund don’t face processing delays.”
The agency is advising you file your returns as early as possible
In order to prevent delays and help the tax season flow more smoothly, one of the steps you can take is filing your returns as early as possible in accordance with the Jan. 24 start date. The IRS free filing program will open on Jan. 14, allowing taxpayers the opportunity to begin filing returns through the agencies’ partners earlier in order for them to be transmitted to the IRS starting Jan. 24. “It’s never too early to get ready for the tax-filing season ahead,” the agency says.
And getting ahead will help you navigate another troubling year ahead for the IRS. Treasury Department officials warned on Jan. 10 that the IRS will still be facing “enormous challenges” during this year’s tax filing season, which will likely make it another “frustrating season” for taxpayers, per The Washington Post.
A general extension for the tax deadline is not expected this year
In both 2020 and 2021, the IRS ended up extending the tax deadline into May in order to give taxpayers more time to file their tax returns amid the pandemic. But the agency has no plans to give most people extensions this year, according to The Washington Post. Instead, the tax deadline is April 18 for almost all taxpayers.
Tips to make filing easier
To avoid processing delays and speed refunds, the IRS urges people to follow these steps:
Organize and gather 2021 tax records including Social Security numbers, Individual Taxpayer Identification Numbers, Adoption Taxpayer Identification Numbers, and this year’s Identity Protection Personal Identification Numbers valid for calendar year 2022.
Check IRS.gov for the latest tax information, including the latest on reconciling advance payments of the Child Tax Credit or claiming a Recovery Rebate Credit for missing stimulus payments. There is no need to call.
Set up or log in securely at IRS.gov/account to access personal tax account information including balance, payments, and tax records including adjusted gross income.
Make final estimated tax payments for 2021 by Tuesday, Jan.18, 2022, to help avoid a tax-time bill and possible penalties.
Individuals can use a bank account, prepaid debit card or mobile app to use direct deposit and will need to provide routing and account numbers. Learn how to open an account at an FDIC-Insured bank or through the National Credit Union Locator Tool.
File a complete and accurate return electronically when ready and choose direct deposit for the quickest refund.
Key filing season dates
There are several important dates taxpayers should keep in mind for this year’s filing season:
January 14: IRS Free File opens. Taxpayers can begin filing returns through IRS Free File partners; tax returns will be transmitted to the IRS starting January 24. Tax software companies also are accepting tax filings in advance.
January 18: Due date for tax year 2021 fourth quarter estimated tax payment.
January 24: IRS begins 2022 tax season. Individual 2021 tax returns begin being accepted and processing begins
January 28: Earned Income Tax Credit Awareness Day to raise awareness of valuable tax credits available to many people – including the option to use prior-year income to qualify.
April 18: Due date to file 2021 tax return or request extension and pay tax owed due to Emancipation Day holiday in Washington, D.C., even for those who live outside the area.
April 19: Due date to file 2021 tax return or request extension and pay tax owed for those who live in MA or ME due to Patriots’ Day holiday
October 17: Due date to file for those requesting an extension on their 2021 tax returns
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