As tax season is about to start, the IRS is releasing 2022’s deadlines.
Get ready to mark your calendars. Here are the important ones you need to know about:
- Jan. 14: The IRS Free File Program opens. Free File lets taxpayers who made $73,000 or less in 2021 file their taxes electronically for free. To do this, the commercial tax filing software companies usually provide the software you can use. For more information from the IRS, click here.
- Jan. 24: The IRS will begin accepting and processing 2021 tax returns for everyone.
- April 18: Taxes are due! If you file an extension it must be done by this day as well. Remember, if you do file for an extension, any money that is owed must still be paid by this date. (Yes, the deadline was pushed back a few days. The IRS notes the change is because this year's Emancipation Day falls on the normal deadline of April 15.)
- April 19: For Massachusetts and Maine, these taxpayers get one more day since Patriots’ Day falls on April 18.
- May 16: Victims of tornados in Illinois, Tennessee and Kentucky, and victims of wildfires in Colorado will have until this date to file and pay.
- Oct. 17: If you do file for an extension, your taxes are due Oct. 17.
The IRS is still under a backlog due to the pandemic. Make sure you file early to get your return as soon as possible. The IRS also advises that you file electronically and choose the direct deposit option to get your money at a quicker rate. Click here to read more.