WASHINGTON – The Internal Revenue Service announced this week plans to open the 2014 filing season Jan. 31 and encouraged taxpayers to use e-file or Free File as the fastest way to receive refunds.
The new opening date for individuals to file their 2013 tax returns will allow the IRS adequate time to program and test its tax processing systems, according to a news release from the IRS.
The process for updating IRS systems was delayed in October after the 16-day federal government closure, and the IRS had to change the original opening date of Jan. 21. The 2014 date is one day later than the 2013 filing season opening, which started on Jan. 30, 2013, according to the news release.
Taxpayers will receive their refunds faster by using e-file or Free File with the direct deposit option, according to the IRS. The April 15 tax deadline is set by statute and will remain in place, but the IRS reminds taxpayers that anyone can request an automatic six-month extension.
– Morris Daily Herald