Millions of eager Americans can now dive into the 2024 tax season as the Internal Revenue Service (IRS) officially opens its doors for filing. With over 146 million individual tax returns anticipated, acting swiftly to ensure a prompt refund is crucial. The filing deadline is April 15, 2024, with exceptions for residents of Maine and Massachusetts, who have until April 17 due to local holidays.
Tax Refund Schedule 2024: Get Ready to Secure Your Cash Faster with the Latest IRS Announcements (Photo from: Yahoo Finance)
Tax Refund Schedule 2024 Details
The IRS, gearing up for a massive influx of tax returns, has commenced processing federal individual tax returns for those aiming to receive their refunds promptly; initiating the filing process sooner rather than later is advised.
Americans residing in federally declared disaster areas may enjoy additional filing time. However, for the majority, Tax Refund Schedule 2024 sets the crucial deadline on April 15, 2024, unless living in Maine or Massachusetts, where Patriots’ Day and Emancipation Day extend the deadline to April 17.
A “Where’s My Refund” tab on the IRS website lets you track your return. While dates aren’t specified, the filing technique can considerably affect the refund timeline. Direct deposit beneficiaries receive payments after 21 days, whereas paper filers may wait over a month.
READ ALSO: IRS Tax Refund Schedule 2024: Maximizing Your Returns
Tips for a Smooth Tax Refund Process
It ensures all necessary information is timelier before filing to avoid delays in processing and refunds. Correct filing reduces the likelihood of needing an amended tax return, streamlining the process.
Since January 12, the IRS Free File portal has been offered to taxpayers with an adjusted gross income of $79,000 or less in 2023. Employers must deliver W-2 and 1099 forms to taxpayers by the end of January for easy filing.
