Americans received more percentage in tax refunds in 2021, an 11 percent increase was seen, states the Internal Revenue Service. But some refunds saw many months of delays. If you are one of them then remember you have various factors in your hands to make sure it doesn’t get repeated.
Most of the people are often wondering, when can I file my taxes for 2022. There are various sources through which you can find this information. If you file your taxes early you can expect the refund early. It is this simple.
Delay in filing the tax returns other than government debt, credit claiming, etc is one of the major reasons for the delay. Even if the dates haven’t been announced you can start the process of collecting the documents and keeping all the information ready. You can consult the tax professional on the same.
The deadline to file can be delayed by the IRS, as of now you can pursue April 15, 2022 as the deadline. Extension is expected but why wait till the deadline? You can save on fees, penalties and get an early refund if you file the taxes early.
Note that the IRS charges interest other than penalties. Save yourself from the penalties, interests and tax fraud by paying the taxes early.