The tax filing season will open on Feb. 12 this year, about two weeks later than normal, according to the Internal Revenue Service.
Delaying the day tax returns will start being accepted is necessary to allow the IRS time to update and test its systems following the late-December stimulus law that approved a second round of stimulus payments and other tax benefits, the agency said in a statement Friday. The filing deadline will still be April 15, as usual.
“This programming work is critical to ensuring IRS systems run smoothly. If filing season were opened without the correct programming in place, then there could be a delay in issuing refunds to taxpayers,” according to the IRS statement. “These changes ensure that eligible people will receive any remaining stimulus money as a Recovery Rebate Credit when they file their 2020 tax return.
Source: Tax Filing Season Will Start Feb. 12 This Year, IRS Says | Newsmax.com
