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You can start to enter your 2016 tax information into the software now, but the IRS is not accepting returns until January 23, 2017. TurboTax will start accepting returns in early January but will hold your return on their servers until the IRS opens their e-file system.
There will be delays on some refunds, see the following
Beginning in 2017, a new law approved by Congress requires the IRS to hold refunds on tax returns claiming the EITC or the ACTC until mid-February. The IRS must hold the entire refund — even the portion not associated with the EITC and ACTC — until at least Feb. 15. This change helps ensure that taxpayers get the refund they are owed by giving the agency more time to help detect and prevent fraud.
As Holidays Approach, IRS Reminds Taxpayers of Refund Delays in 2017
https://www.irs.gov/uac/as-holidays-approach-irs-reminds-taxpayers-of-refund-delays-in-2017
You can start to enter your 2016 tax information into the software now, but the IRS is not accepting returns until January 23, 2017. TurboTax will start accepting returns in early January but will hold your return on their servers until the IRS opens their e-file system.
There will be delays on some refunds, see the following
Beginning in 2017, a new law approved by Congress requires the IRS to hold refunds on tax returns claiming the EITC or the ACTC until mid-February. The IRS must hold the entire refund — even the portion not associated with the EITC and ACTC — until at least Feb. 15. This change helps ensure that taxpayers get the refund they are owed by giving the agency more time to help detect and prevent fraud.
As Holidays Approach, IRS Reminds Taxpayers of Refund Delays in 2017
https://www.irs.gov/uac/as-holidays-approach-irs-reminds-taxpayers-of-refund-delays-in-2017
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