Tuesday, January 3, 2023

2023 Key Tax Filing Updates: E-File Opens January 23, 2023

 

Happy New Year!  We hope that your holidays were filled with joy and happiness!

The Internal Revenue Service (IRS)  will begin processing tax returns electronically on January 23, 2023.  There are no anticipated delays for refunds this year since the pandemic has passed.

Here are some key dates for the current filing season:

January 3:  Start of tax season and first day to file a federal tax return via e-file or mailed-in paper returns.  IRS processes e-files beginning January 23.

January 17:  Final estimated tax payments are due.

January 23:  E-file begins - IRS begins accepting e-files in the system that are on hold, and new e-files.

February 1:  Date by which you should receive W2, 1099s, etc.

February 17:  PATH Act lifts and refund dates are released for taxpayers who filed electronically and claimed the EITC or ACTC.

March 15:  S Corporations and Partnership returns are due.

April 18:  Tax deadline.  FBAR forms due.  Last day to make IRA contributions for tax year 2022.

May 15:  Non-Profit organization tax returns due.

June 15:  US citizens or resident aliens living abroad tax deadline.  NOTE:  If a tax liability is expected, tax payment is required by April 18, or file an Installment Agreement Request with the IRS.

October 18:  Final filing date for approved extensions for personal and Corporate tax returns.



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