2017 Tax Filing Season

The federal tax filing season will begin Monday, Jan. XX, the IRS announced today, also noting that taxpayers claiming certain tax credits should expect a longer wait for refunds.

Due to law changes, first affecting last year’s returns, the IRS cannot issue refunds for tax returns claiming the EITC or ACTC before mid-February. This law requires the IRS to hold the entire refund — even the portion not associated with the EITC or ACTC. However, there is no need to wait to file such returns since the IRS will process them to the point of refund and then begin refund release when permitted by law.  Per IRS notice published November 3, 2017.