The Internal Revenue Service (IRS) has introduced that tax season will open on Monday, January 28, 2019. The IRS will start accepting paper and digital tax returns that day.
The IRS made the beginning date announcement regardless of the continued authorities shutdown. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I appreciate the hard work of the employees and their commitment to the taxpayers during this period,” stated IRS Commissioner Chuck Rettig.
According to the IRS, Congress directed the fee of tax refunds by a everlasting, indefinite appropriation (31 U.S.C. 1324). The IRS says it has “consistently been of the view that it has authority to pay refunds despite a lapse in annual appropriations.” While the Office of Management and Budget (OMB) has beforehand directed the IRS to not pay refunds throughout a lapse, the IRS indicated that OMB has reviewed the related legislation at Treasury’s request and concluded that IRS could pay tax refunds throughout a lapse. (You can learn extra right here.)
As a outcome, the IRS intends to recall “a significant portion of its workforce” to work. More data will probably be obtainable as soon as the IRS points its up to date Lapsed Appropriations Contingency Plan, which is slated to “be released publicly in the coming days.” The most lately launched contingency plan lapsed on December 31, 2018. (You can learn extra right here.)
The due date for the 2019 submitting season stays April 15, 2019, for many taxpayers. However, taxpayers who stay in Maine or Massachusetts can have till April 17, 2019, to file their federal revenue tax returns. (You can learn extra right here.)
Every yr, taxpayers have questions on early submitting. Many software program firms and tax professionals will settle for tax returns earlier than opening day, January 28, 2019. That doesn’t suggest that your tax return will probably be filed early. Software firms and tax professionals will submit returns when IRS techniques open. For sooner refunds, the IRS strongly encourages folks to file their tax returns electronically.
More details about tax season, together with submitting updates, will probably be obtainable as January 28, 2019, approaches. Check again repeatedly for extra particulars.