The Internal Revenue Service (IRS) announced that the 2024 tax season will commence on Monday, January 27th, allowing taxpayers to file their returns. The agency will also launch its free Direct File service for residents in 25 states on the same day. Americans are projected to file approximately 140 million returns before the April 15th deadline.
The IRS said Friday it will kick off the new tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. The agency said it will also open its free Direct File service, which this year will be available to residents in 25 states beginning on the same day.Americans are expected to file about 140 million returns before the April 15 deadline. Last year, about two-thirds of taxpayers got a refund, with the average check at about $3,100, according to IRS data.
The IRS Free File program, which is offered through tax software companies, is available to taxpayers with adjusted gross income of $84,000 or less in 2024. How long will it take to get my tax refund?Because tax refunds can represent a household's biggest check of the year, many Americans eagerly await their check from the IRS, using it for debt repayment, savings or to make a big purchase. On Friday, the tax agency said that most refunds are issued in fewer than 21 calendar days.
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