IRS tax season 2021 officially kicks off Feb. 12. Heres why it starts so late
The IRS will begin accepting and processing 2020 tax returns on Feb. 12, the agency said Friday. Typically, the IRS begins accepting returns in late January.
Why so late this year?
The agency said it is taking the time to do additional programming and testing of its systems to ensure that there won’t be a delay in issuing refunds following tax law changes from the stimulus package that was passed in December. The law had included a second round of stimulus checks, or Economic Impact Payments, and other benefits.
Original Article Source Credits: USA Today , https://www.usatoday.com/
Article Written By: Jessica Menton
Original Article Posted on: Jan 15,2021
Link to Original Article: https://www.usatoday.com/story/money/2021/01/15/irs-tax-season-2021-starts-feb-12-stimulus-checks-tax-refunds/4176228001/