When Do Tax Returns Come In 2023?
As 2023 approaches, the question of when to expect tax returns is on the minds of many. For most taxpayers, tax returns will become available in early to mid-April of 2023. It's important to note that the exact date of when you can expect to receive your returns will depend on a few different factors. In this article, we'll go over the details of when you can expect to receive your 2023 tax returns.
When Do Tax Returns Start Being Filed?
Tax returns for the 2023 tax year will begin being filed in January of 2023. The Internal Revenue Service (IRS) will begin accepting returns for the 2023 tax year on January 15th. However, due to the complexity of the U.S. tax code, it can take the IRS up to two weeks to begin processing the returns that have been filed. This means that you may not receive your return until late February or early March.
When Are Tax Returns Due?
Your 2023 tax returns must be filed by April 15th, 2023. This is the deadline for both paper and electronically filed returns. If you miss the deadline, you may be subject to penalties and interest. It's important to note that if you find yourself unable to file your return by the deadline, you can file for an extension. This will allow you to postpone the filing of your return until October 15th, 2023.
When Do Tax Returns Get Processed?
Once the IRS receives your tax return, it will begin processing it. The amount of time it takes for the IRS to process your return will depend on several factors, including whether you filed electronically or on paper, how complex your return is, and how many returns the IRS is currently processing. Generally speaking, the IRS processes most returns within two to three weeks.
When Should You Expect to Receive Your Tax Returns?
If you filed your taxes electronically and the IRS accepted your return, you can typically expect to receive your tax refund in as little as two weeks. For paper returns, the processing time is usually longer, and you may not receive your refund until four to six weeks after you file. In some cases, it may take even longer for the IRS to process paper returns.
What If You Don't Receive Your Tax Returns On Time?
If you haven't received your tax refund within the expected timeframe, you may want to contact the IRS to check the status of your return. You can do this by calling the IRS or by using the IRS's online tool, “Where's My Refund?” The IRS will be able to provide you with an update on the status of your return and can provide you with additional information if needed.
Can You Expedite Your Tax Returns?
If you are in a hurry to receive your tax refund, there are a few ways to expedite the processing of your return. For example, you can choose to receive your refund via direct deposit instead of a paper check. This will typically result in faster processing times. Additionally, you can opt to file your return electronically, as this will also help to speed up the processing of your return.
Conclusion
Tax returns for the 2023 tax year will become available in early to mid-April of 2023. However, the exact date of when you can expect to receive your returns will depend on a few different factors. The IRS will begin accepting returns for the 2023 tax year on January 15th, and most returns will be processed within two to three weeks. If you need your tax refund faster, you can choose to receive your refund via direct deposit or file your return electronically. If you have any questions about when to expect your tax return, you can contact the IRS for more information.