The 2016 tax season will open Monday, January 23, 2016.
The filing deadline to submit 2016 tax returns is Tuesday, April 18, 2017.
What you Need to Know
Expecting a refund? Some refunds must be held until February 15.
- According to a new tax law change, the IRS cannot issue refunds before February 15 for tax returns that claim the Earned Income Tax Credit or the Additional Child Tax Credit.
- The IRS will begin to release EITC/ACTC refunds starting February 15. However, the IRS cautions taxpayers that these refunds likely won’t arrive in bank accounts or on debit cards until the
week of February 27. Read more about refund timing for early EITC/ACTC filers.
- This applies to the entire refund, even the portion not associated with these credits.