While it’s undeniably early days, the Internal Revenue Service will tell you it’s not too early to think about the income-tax returns for 2024 that will start to come due soon enough. The federal tax collector typically begins accepting and processing tax returns for the prior calendar year in late January,

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in January 2025. Another tax filing season is upon us.

Typically, verification must be done within 30 days. Now since 30 days have elapsed from the time of submission of ITR data, the date of verification will be considered as the date of filing.