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IRS Accepts, Processes 2021 Tax Year Returns Starting January 24

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Tax Refund ( Photo by Nataliya Vaitkevich from Pexels_

This year’s tax season will begin on Monday, January 24, 2022, when the Internal Revenue Service will begin taking and processing tax returns for the year 2021. Giving IRS time to complete the necessary programming and testing to ensure that IRS systems work smoothly. 

IRS Prepare For Upcoming Months 

After comparing 2021 early credits, new programming provides that eligible taxpayers can receive the correct amount of the Child Tax Credit and claim any residual stimulus money as a Recovery Rebate Credit when they file their 2021 tax return, MSN posted. According to IRS Commissioner Chuck Rettig, planning for the nation’s filing season process is a mammoth operation, and IRS staff have been working nonstop to prepare for the past several months. 

However, the pandemic continues to pose obstacles, but the IRS reminds taxpayers that they may take crucial actions to ensure that their tax returns and refunds are processed quickly. This year, it’s more critical than ever to file electronically with direct deposit and avoid submitting a paper tax return. Previously, the IRS stated that it would send letters to taxpayers to assist them in reconciling their payments with their records before submitting their taxes.

Deadline for Filing

The IRS posted a notice that for most taxpayers, the filing date for 2021 tax returns or an extension to file and pay the tax owed is Monday, April 18, 2022. Because of the Emancipation Day holiday in the District of Columbia, the due date for everybody except taxpayers who reside in Maine or Massachusetts is April 18, rather than April 15. Due to the Patriots’ Day holiday in those states, taxpayers in Maine and Massachusetts have until April 19, 2022, to file their returns. Extending the deadline for filing a request for an extension is Monday, October 17, 2022.

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