2018 Filing Season Begins!

2018 taxes

The IRS has announced that it’ll begin accepting 2017 tax returns on Monday, January 29th. This is approximately one week later than last year, which gives the Service time to determine how the passage of the Tax Cuts and Jobs Act in late December will impact tax returns and ensure key processing systems are ready. The deadline for filing your 2017 individual return is Tuesday, April 17th, since April 16th is Emancipation Day, a legal holiday in Washington D.C.

Choosing to e-file and direct deposit your refund remains the safest and fastest way to accurately file your return and receive a refund. The IRS expects to issue more than 90% of refunds in less than three weeks. However, by law the Service cannot issue refunds on tax returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit before mid-February. The IRS will begin accepting paper-filed returns on January 29th as well, but won’t start processing them until mid-February as systems continue to update.

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