First Day to File 2023 Taxes in 2024: When Can You Start Filing Taxes?

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When is the First Day to Start Filing Taxes in 2024?

When is the first day to file taxes?The nation's tax season will start in mid to late January, 2024, which is when the IRS will officially start accepting and processing 2023 tax year returns.

But, if you prepare your taxes early with TurboTax Online, you can submit your completed tax return and have it automatically filed on the first day the IRS starts accepting tax returns.

Filing your taxes early allows you to receive your tax refund more quickly. TurboTax Online helps you streamline the process, ensuring your refund reaches your bank account as soon as possible.

Filing your Taxes on the First Day With TurboTax

With online tax filing, you can file your taxes on the first day of tax season and get your refund back as soon as possible.

Existing customers will find it even easier as they’ll be able to import last year’s returns. For those with simple tax affairs, it’ll take only a few minutes to begin preparing everything the IRS needs to file your tax return.

TurboTax Federal Free Edition

TurboTax has a Free tax filing option that allows you to file your federal return and one state return for free. However, the free option only supports simple returns with form 1040. The free option includes one free state return. In addition, TurboTax’s free option supports Form 1040 with some child tax credits.

TurboTax Paid Editions

If you want to itemize your deductions with Schedule A (or if you need to use any other forms), you will need to upgrade to a paid plan. Three paid plans range from $59.99 to $119.99 for federal filing.

  • State filing is always $44.99 per state, with paid plans.
  • The Deluxe option will be enough for most filers. However, it costs $59.99.
  • Small business owners and self-employed individuals will need to upgrade to the Self-Employed option, which costs $119.99 for a federal return.

TurboTax Discounts are also available early in the tax season.

Start Filing Your Taxes for Free!

As mentioned, TurboTax offers a free file option for simple returns. You can also file some additional schedules and forms with this option.

It's important for users to be aware that while the free file option covers many common tax situations, some specific scenarios or complexities may require a paid version of TurboTax.

In conclusion, TurboTax's free file option is a valuable resource for individuals seeking a cost-effective and efficient way to file their taxes.

Users are encouraged to explore the eligibility criteria and take advantage of this service to ensure accurate and hassle-free tax preparation and filing.