With the Internal Revenue Service (IRS) officially opening for filing, millions of eager Americans may now begin the 2024 tax season. With an estimated 146 million individual tax returns, it is imperative to take immediate action to guarantee a timely refund. Except for citizens of Maine and Massachusetts, who have until April 17 owing to local holidays, the filing date is April 15, 2024.
Details of Tax Refund Schedule 2024
In anticipation of a large volume of tax returns, the IRS has begun processing federal individual tax returns for individuals hoping for a speedy refund; filing as soon as possible is recommended.
Residents of places designated as disasters by the federal government may be eligible for extended filing times. But for most people, the Tax Refund Schedule 2024 establishes the critical date as April 15, 2024—unless they reside in Maine or Massachusetts, where the deadline is extended to April 17 in honor of Patriots’ Day and Emancipation Day.
You can follow your refund on the IRS website by going to the “Where’s My Refund” option. Although no dates are given, the method of filing can have a significant impact on the refund timeline. Beneficiaries of direct deposit get their money within 21 days, but paper filers could have to wait more than a month.
Suggestions for an Easy Tax Refund Procedure
Prior to submitting, it makes sure that all required information is current to prevent processing and refund delays. Proper filing expedites the process by lowering the possibility of requiring an amended tax return.
The IRS Free File portal is available to taxpayers who will have an adjusted gross income of $79,000 or less in 2023 as of January 12. For ease of filing, employers are required to provide W-2 and 1099 forms to taxpayers by the end of January.