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Wednesday, January 10, 2018

IRS Filing Season Begins Monday, January 29, 2018


The IRS will begin accepting and processing returns Monday, January 29, 2018.
Refund Delays

The PATH Act of 2015 requires the IRS to hold refunds on returns claiming the Earned Income Tax Credit (EITC) and/or the Additional Child Tax Credit (ACTC) until mid-February. The IRS is required to hold the entire refund — even the portion not associated with the EITC and ACTC — until at least mid-February. The IRS cautions that these refunds likely won’t arrive in bank accounts or debit cards until the week of February 27 at the earliest.

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