30 Jan IRS Now Accepting 2018 Tax Returns!
The IRS officially started accepting federal tax returns on Monday, January 28. The agency recalled all its employees after the government reopened on Friday. It said in a statement Monday that it’s “working to promptly resume normal operations.” Despite this being the first tax season since the new tax reform, the IRS was able to open this year’s tax filing season one day earlier than the 2018 tax filing season. Through mid-day Monday, the IRS had already received several million tax returns during their busy opening hours.
When Will I Receive My Tax Refund?
In spite of this, the IRS still expects to issue more than 9 out of 10 refunds in less than 21 days. If you’re claiming the Earned Income Tax Credit or Additional Child Tax Credit, your refund cannot be issued before February 15, by law. Similar to last year, the IRS expects the earliest EITC/ACTC related refunds to actually be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2019, if they chose direct deposit and there are no other issues with the tax return. This year’s deadline to submit 2018 tax returns is Monday, April 15, while taxpayers who live in Maine or Massachusetts have until April 17 to file their returns due to the Patriots’ Day holiday on April 15 in those two states.
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