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IRS: When is the IRS accepting returns for 2022?

Today is the day Americans can start submitting their tax returns to the IRS for acceptance.

tax return forms spread out printed with pink and blue ink for submitting to the IRS

The deadline for filing your taxes is also different this year.

Instead of being on April 15, it’s now April 15 due to Emancipation Day being honored in Washington D.C. on April 15.

Americans saw an 11% increase in average refunds in 2021, making them around $2,775.

There were some serious delays for the 2020 tax returns in 2021, with some Americans not seeing their refunds until Nov. of 2021.

What you get back depend on your own situation, including income, dependents you can claim, and tax credits.


IRS: Avoid these issues when filing tax returns

The IRS and tax returns 2022

The e-filing portal for submitting tax returns is opening today, Jan. 24, 2022.

In 2021 the acceptance of tax returns by the IRS was pushed back to Feb. 12, 2021.

The was to test its systems and improve programs to help avoid delays, which still happened.

DiSanto Propane (Billboard)

IRS: Tips for submitting tax returns next week

IRS will impose penalties on those who fail to file taxes

You could face hundreds of dollars in penalties for failing to file your taxes on time.

This is called the “Failure to File Penalty” and you receive it in the form of a letter from the IRS.

You can see a penalty of 5% on unpaid taxes at first, but it can increase to 25%.

After 60 days you will pay a $435 fine or 100% of your owed taxes, whichever ends up being less.

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