USA Today Episodes Around January 23, 2023
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1:36Now PlayingHere's what to know as you prepare to file your 2023 taxes | USA TODAY
Jan 23, 2023·2.2K views
January 23, 2023
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1:36Now PlayingThere are a couple of changes for the 2023 tax season. Here's what's changed and what you should know as you prepare to file your taxes.
RELATEDTax refunds may be smaller this year according to IRS. Here's why.
Tax season has officially begun.
Monday marks the first day the Internal Revenue Service will accept and process tax returns. If you've already completed your return either using tax software or working with a tax professional, the IRS will now be able to review your return.
The IRS said more than 168 million individual tax returns are expected to be filed this year "with the vast majority of those coming before the April 18 tax deadline."
If your return contains no errors or red flags, your refund should be delivered within 21 days if you file electronically and opt to have the money directly deposited in your bank account, the IRS said. But it could take longer if the debt ceiling isn't raised soon.
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