IRS E-Filing Opens January 27, 2025: What Taxpayers Need to Know

Key Highlights for the 2025 Tax Season

1. Deadline to File Taxes The tax filing deadline for most taxpayers is Tuesday, April 15, 2025. Taxpayers who need additional time can request an extension, which will give them until October 15, 2025, to file their returns.

Note: For taxpayers living abroad, a 2-month automatic extension is granted to file your tax return and pay any tax due. This extension moves the filing deadline from April 15 to June 15. However, interest on any unpaid taxes accrues from April 15

2. E-Filing Benefits

   • Faster Refunds: Taxpayers who e-file and choose direct deposit typically receive their refunds fewer than 21 days in most of the cases.

   • Accuracy: E-filing reduces errors because tax software performs automatic calculations and provides the scope for clearing diagnostics errors.

   • Immediate Confirmation: You’ll receive a confirmation from the IRS once your return has been received and accepted.

State Tax Updates

Each state sets its own filing deadlines, rules, and updates for the 2025 tax season. Here are some important highlights:

1. State E-Filing Dates Many states open their e-filing systems on or shortly after the IRS opening date, January 27. Check with your state’s Department of Revenue for exact dates.

2. State Deadlines

   • Most states’ tax filing deadlines align with the federal deadline of April 15, 2025.

   • Some states may provide additional time for disaster-affected areas. Verify state-specific updates with your local tax authority.

Special Considerations for Early Filers

· Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC): By law, the IRS cannot issue refunds for returns claiming these credits before mid-February 2025. This delay helps prevent fraud and identity theft.

· Identity Protection PIN (IP PIN): If you have an IP PIN, make sure it’s included in your return to avoid processing delays.

Conclusion

With the IRS e-filing system set to open on January 27, 2025, now is the time to start organizing your financial records and reviewing the latest tax updates. Whether filing on your own or working with a tax professional, early preparation can lead to a smoother tax season and a faster refund. Don’t forget to stay informed about your state’s specific requirements to avoid any surprises!

For assistance with preparing U.S. Federal and State Tax Returns or U.S. Expat Tax Returns, reach out to our team of experts today!