IRS Tax Filing Season Officially Kicks Off.

The 2024 tax filing season has officially begun.  The IRS has issued some important reminders for taxpayers.  The Interactive Tax Assistant (available at irs.gov) can help answer questions based on the taxpayer's basic information.  Taxpayers with income of $84,000 or less last year can use IRS Free File Guided Tax Software now through October 15.  IRS Free File Fillable forms are available at no cost to taxpayers at any income level and provide electronic forms that people fill out and e-file themselves.  According to the IRS, most taxpayers should expect to receive their refunds within 21 days of filing their returns (as always, the IRS encourages taxpayers to sign up for direct deposit for fast receipts).  Taxpayers should wait until they receive all of their tax documents before filing to avoid mistakes.  Taxpayers who receive Forms 1099-K, for payments on sale of goods and services through an online marketplace or payment app, can visit "What to do with Form 1099-K" to help them report the correct amount of income.  For more information on the federal income tax filing requirements, visit Tax Facts Online. Read More: Link to Q647.