Tax Day Due Date | Federal Tax Return Due Date

Overview of Tax Day 2023

Tax Day Due Date | Federal Tax Return Due Date. Tax Day 2023, the due date for filing federal income tax returns in the United States, falls on April 18th this year. While traditionally observed on April 15th, this extension is due to the weekend and a local holiday.

Filing Your Taxes on Time

For those who need to file their taxes for the year 2022, the Internal Revenue Service (IRS) allows e-filing until April 18, 2023. It’s crucial to meet this deadline to be eligible for an IRS tax refund.

IRS Tax Season Start Date

The 2023 Tax Season officially commenced on March 23, 2023. Numerous taxpayers have already e-filed their returns, with many receiving their refunds within 21 days of filing electronically.

Direct Deposit Refund Timeline

Taxpayers who opt for direct deposit when e-filing on Tax Day 2023 can expect their refunds to be issued on or before May 10, 2023. However, those claiming the Earned Income Tax Credit or Child Tax Credit should anticipate a slightly longer processing time due to identity verification procedures.

State-Specific Filing Deadlines

• Most states, excluding a few affected by natural disasters, share the April 18, 2023 deadline for state tax returns.
• New York residents have until May 15, 2023, to file their state returns due to the impact of winter storms and snowstorms in December 2022.
• Mississippi residents affected by tornadoes in March 2023 have until July 3, 2023, to file for a refund.

Extension for Affected Individuals

Individuals unable to e-file their 2022 tax return by April 18, 2023, can request an extension. This extension allows for filing electronically or on paper until October 16, 2023, regardless of their state of residence.

Please note that individuals affected by natural disasters or those belonging to the military will automatically qualify for an extended deadline.

IRS Refund Options

• Taxpayers with an Adjusted Gross Income (AGI) less than or equal to $73,000 can utilize the IRS’s Guided Tax Preparation for electronic filing and receive their refunds within 21 days via direct deposit.
• Guided Tax Preparation, a recommended third-party tool by the IRS, simplifies the filing process by automating much of the required information.
• For individuals with an AGI above $73,000, the IRS offers an online tool called Fillable Forms, which requires users to complete the filing process manually.

Conclusion

These resources are available to help taxpayers efficiently file their returns based on their income levels.