If you were planning on being proactive and filing your taxes early this year, you might want to be aware of this.
The IRS Has Delayed The Start Date For Filing Taxes. Here’s What You Need To Know.
While every year taxes are due April 15th and many want to get this headache out of the way as soon as possible, this year is looking a little different.
For 2020 taxes, the IRS announced they will begin to accept and process returns on Feb. 12, 2021.
The agency vows to be ready by then, with forms and instructions available on irs.gov. In 2020, the filing season began Jan. 27.
So, what does this mean for you?
While you can use some tax filing programs such as TurboTax or HR Block, they will not begin sending in your taxes until February 12th.
With the delay of processing these returns, I wouldn’t be surprised if there was a delay in refunds this year as well so plan accordingly.