Can I file my taxes early I need help on my bills

Bootylicious2020 — Sun, 01 Nov 2020 10:36:02 GMT

Re: Can I file my taxes early I need help on my bills

Critter-3 — Sun, 01 Nov 2020 11:17:51 GMT

Nope. The 2020 return cannot be filed prior to sometime in January 2021. Efile should open sometime at the end of January ... an estimate is 1/27/2021 however that is not set in stone.

Re: Can I file my taxes early I need help on my bills

xmasbaby0 — Sun, 01 Nov 2020 13:10:20 GMT

Please be careful about being in too much of a hurry to file your next tax return. Every year we see people who are in such a rush to file that they file incorrectly and incompletely. If you file too early and leave out a W-2 or a 1099, or forget to enter information, you will end up having to amend your tax return---and that takes months. Employers have until the end of January to issue W-2's----and ALL of your 2020 W-2's have to be on the same tax return. Many of the 1099's and 1098's you need do not arrive until late January or sometime in February. If you are getting Earned Income Credit or Additional Child Tax Credit, the IRS is going to hold your refund until the end of February no matter how early you file. There seems to be a greater chance of "early" returns being reviewed and those refunds are delayed, or early returns are more often subject to identity verification--which will also delay processing. Filing too early may just be a recipe for a delayed refund. It might go more smoothly for you if you wait until at least mid-February to file instead of e-filing during the first minute that you can do it.

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Can I file my taxes early I need help on my bills

Re: Can I file my taxes early I need help on my bills

Re: Can I file my taxes early I need help on my bills