When will the IRS accept 2023 Tax Returns

When will the IRS accept 2023 Tax Returns. The first formal day to file your tax year 2022 tax return is from January 23, 2023. Moreover, one thing to remember is that a lot of tax software programs allow you to fill up your return and “file” it before that date. Like, For IRS Free File, which allows you as of January 13 but they will then retain the tax returns till the IRS starts accepting those tax returns.

The tax Year 2023 starts from January 1 until December 31, 2023. You can prepare and e-File 2023 Tax Returns which will start in January 2024. Moreover, you have to keep in mind that currently in the year 2023 tax filing for the tax year 2022 will be prepared and filed. The tax year 2023 Tax Returns are due on April 15, 2024.

How long does it take to receive my tax refund?

Taxpayers should be kept in mind that about 90% of taxpayers will receive their tax refunds in less than 21 days from the day the IRS accepts their tax returns. However, many people receive their tax refunds in an average of 10 to 14 days.

Banks usually make payments within one to three days of collecting the payment from the IRS. However, checks may take more time to credit to your bank.