Introduction
Every year, taxpayers look forward to receiving their tax refunds. It is important to know the tax refund calendar for 2024 to stay informed and plan accordingly. In this article, we will discuss everything you need to know about the tax refund calendar for 2024.
When is the Tax Filing Deadline for 2024?
The tax filing deadline for 2024 is Monday, April 15th. This is the last day to file your tax return without penalties and interest. If you need more time to file your taxes, you can request an extension until October 15th, but you will still need to pay any taxes owed by April 15th.
When Can You Expect Your Tax Refund?
The IRS typically issues tax refunds within 21 days of processing your tax return. However, this can vary depending on the complexity of your return and any errors or omissions. The IRS recommends checking the status of your refund on their website or using their mobile app.
How Can You Get Your Tax Refund?
There are several options for receiving your tax refund. The fastest and most secure way is to have it directly deposited into your bank account. You can also receive your refund by mail as a paper check or as a prepaid debit card.
What If You Have Unpaid Taxes or Debts?
If you owe unpaid taxes or debts, the IRS may offset your tax refund to pay them. This can include unpaid federal or state taxes, child support, or student loans. The IRS will notify you if they plan to offset your refund and give you an opportunity to dispute or resolve the debt.
Can You Track Your Tax Refund?
Yes, you can track the status of your tax refund using the IRS website or mobile app. You will need to provide your Social Security number, filing status, and refund amount to access your refund status.
What Should You Do If You Don’t Receive Your Tax Refund?
If you don’t receive your tax refund within 21 days of filing your tax return, you can check the status of your refund on the IRS website or contact them directly. You may need to provide additional information or documentation to resolve any issues.
What If You Made a Mistake on Your Tax Return?
If you made a mistake on your tax return, you can file an amended tax return using Form 1040X. This form allows you to correct any errors or omissions on your original tax return. You can file an amended return up to three years after the original filing deadline.
Conclusion
Knowing the tax refund calendar for 2024 is important to stay informed and plan accordingly. You should file your tax return by the April 15th deadline and check the status of your refund on the IRS website or mobile app. If you have any issues or questions, you can contact the IRS directly for assistance.
References
IRS. (n.d.). Refunds. Retrieved from https://www.irs.gov/refunds