Gather tax documents early to minimize last-minute stress or complications. If you've requested an extension, ensure your tax return is filed by the extended deadline of October 15, 2025. The April 15, 2025, Tax Returns Due Date: What Does It Mean for You? How to plan for April 15 ...
Not everyone will get a bigger tax refund, of course. And more taxpayers could end up owing this year, especially given that more people took on side gigs last year to compensate for higher costs, Steber said. Some of them might not have paid quarterly self-employment taxes and could owe ...
e-Filing Statistics in Detail. Direct Bank Deposit Is the Preferred Choice for Tax Refunds. Detailed Filing Statistics for Returns, Refunds.
The IRS hasannouncedthat the 2025 tax season start date (for 2024 income tax return filing) is Monday, January 27, 2025. In a few recent years, the tax start date was delayed a few weeks into February, with the complexities created by COVID and stimulus checks. This year, the start of...
The IRS' ability to help taxpayers is still suffering a hit from the pandemic, according to anApril 22 reportfrom the Treasury Department's Inspector General for Tax Administration. For instance, the IRS still hadn't reopened all of its Taxpayer Assistance Centers by last fall after shuttering ...
IRS Income Tax Return Forms and Schedules IRS Total Gross & Net Tax Collection by Tax Year Find IRS statistics below on the amount of taxes they collected during a tax year (gross taxes), the total dollar amount oftax refundsissued, and the average refund amount. The net tax amount the ...
The IRS Handed Identity Thieves $5 Billion in Tax Refunds Last YearStacey Bumpus
Unfortunately the IRS is already predictingsmaller refund paymentsin the coming year, as no new stimulus (EIPs) or expanded tax credits were funded last year. Also see more on thelatest tax bracketsand ideas tolower your taxesby planning ahead. ...
Made a mistake or missed a deduction? Learn how to amend a tax return with our step-by-step guide. Find out how to use Form 1040-X to correct your return and claim missed credits.
There are millions of remaining tax returns to process that were filed this year. While the agency is behind compared with years prior to the pandemic, it is ahead of last year by about 1 million returns. The IRS has been able to keep pace with electronically filed returns – processing th...