On Monday, January 23, the tax filing season for the country officially starts.
The Internal Revenue Service declared on Thursday that day will be the first day it will receive and analyze federal returns for the 2022 tax year. Without requesting an extension, taxpayers must submit their returns by April 18 this year. (Victims of the harsh winter storms in California have until May 15, 2023.)
Over 168 million individual tax returns are scheduled to be filed this year, according to the IRS. The IRS advised taxpayers that filing electronically with direct deposit and skipping paper tax returns is the quickest way to receive your refund.
“Thousands of new workers have received training to assist customers and answer phones. Even though there is still more to be done after several challenging years, we predict improvements for people this tax season” stated Doug O’Donnell, acting commissioner of the IRS, in a news release. “That’s just the beginning as we aim to add other long-term transformation initiatives that will make things even easier in coming years,” the statement continues.