The tax season begins on Monday, January 27th and ends on Tuesday, April 15th, 2025. TAXPayers can track the refund status using the IRS “Where is my refund?” Tools or IRS2GO Mobile App. Direct deposit refunds are usually issued within five days, but other revenues may take up to 21 days.
Tax season is officially here. If you don’t know, the tax season starts well before the April deadline. It is usually the last Monday of January.
This is how you can track the last day you file your taxes, the required documents, a quick breakdown of new forms for the 2024-25 tax season, and tax refunds.
When can I submit the tax 2025 IRS? What is the last day you submit your taxes?
You can file your taxes now. The first day I filed my taxes this year was Monday, January 27th.
The last day you submit your taxes is April 15th, 2025. The last day you submit your taxes is called the tax day and will always fall on April 15th, unless it is a weekend or holiday. According to the IRS, Floridians affected by Hurricane Helen and Milton last year may have several extra weeks to submit.
If you are unable to file by the April 15th deadline, you can request a six-month extension before tax day to avoid penalties and interest.
When is the tax refund? How to check the refund status
What documents do I need to submit my taxes?
This shows a list of some tax forms you may need to fill out and what they do.
Form 1040: If you are using tax filing services, like the IRS’ free file service, this form is ready to fill out when the time comes. If you are doing your own taxes, you will need to obtain Form 1040 yourself from the library. Alternatively, you can print from the IRS website. Please send the W-2 by the end of January. This form shows how much you earned last year and how much of what you’ve earned for taxes and other withholdings. ‘If you’re a gig worker in a business like Uber, Lyft, Airbnb, etc., you’ll probably use this form. This 1099 form is intended to report income received through third parties, such as payments for PayPal, debit cards, credit card processors, and more. Other 1099 forms: If you earn interest from your savings or investments, you may get a 1099 inch form. You can also get a 1099-DIV form that tracks your investment dividends and distribution. If I got the 1099-C form, I had more than $600 cancelled debt. . If you pay less than $600, you may not receive a 1098-E, but you can still deduct it if you know how much interest you paid. 1098-T: 1098-T is used for educational tax credits and deductions. . Report payments received for tuition and education fees. You must also include scholarships and grants. If you need to fill out this, the school will send it to you or make it available on the Student Portal.
What are the new IRS rules for 2025?
New feature for the 2025 filing season, the IRS will include a valid IP for the major taxpayer for the second return, if the addiction has already been charged for a previously filed return. But accept Form 1040, 1040-NR, and 1040-SS. pin.
The IRS said the change would reduce the time it takes for institutions to receive their tax returns and accelerate the issuance of tax refunds for people with duplicate dependency returns.
Taxpayers who received more than $5,000 payments for goods or services in 2024 through the online marketplace or through the payment app should expect to receive the Form 1099-K PDF in January 2025. A copy of this form will also be sent to the IRS.
The IRS said there was no change in the taxability of revenues while working on implementing the thresholds for the Form 1099-K report in stages.
Where can I find my IRS refund?
To track your refunds, you can use the IRS “Where are the refunds?” Search for the tool or use the IRS2GO mobile app.
If you submit an revised return, the IRS has another search tool to track the revised return.
You will need a Social Security number or individual taxpayer ID number, filing status and the exact refund amount at the time of return.
This is what your tax return means:
Returns: Returns have been received and processed. Refund approval: A refund will be issued by the date indicated.
How quickly do you receive a tax refund with direct deposit?
According to the US Treasury Department, “Assuming there are no issues, the IRS will issue a tax refund within 21 calendar days of the IRS receiving the tax return.” However, if you choose direct deposit, It can be obtained within about 5 days.
Can I still submit taxes if I missed the deadline?
If you have not submitted it by April 15th, you can apply for an extension, but there is a penalty to file your taxes late. Failure to file a penalty applies if you do not file your tax return by the due date.
The IRS calculates the penalty as 5% of the outstanding taxes for a month or part of the month where the tax return is delayed. The penalty does not exceed 25% of the outstanding tax.
If you are 60 days late to submit a return, the failed penalty submission ranges from $100 to $485.
Can I start checking my refund status?
It depends on how you submitted it.
The IRS will post your return status:
24 hours after you electronically file your electronic file after you electronically file your previous year return 4 days after you electronically file your electronic file
The IRS will update this information once a day, overnight.
