Tax Season 2024: The Advantages Of Filing Taxes Before Tax Day!

Tax Season 2024: The Advantages Of Filing Taxes Before Tax Day!

Join For Personal Benefits News

It’s simple. The sooner you file your taxes this Tax Season 2024, the sooner you’ll be able to get your tax refund.

Tax Season 2024: The Advantages Of Filing Taxes Before Tax Day!
Tax Season 2024: The Advantages Of Filing Taxes Before Tax Day! (Photo: CBS News)

The benefits to file your tax in advance this Tax Season 2024!

Tax Season 2024. Now, It’s February, and while taxpayers might want to put this off, there are good reasons to file their taxes in advance. There are financial and mental health reasons to decide now to file, and this applies to whether taxpayers are getting a tax refund or going to owe this Tax Season 2024.

It all starts with a taxpayer statement of earnings and a taxpayer W-2. The employer of the taxpayer is required by law to send his/her W-2 by the end of January, so the taxpayer should receive it by now.

It says the earlier you file this Tax Season 2024, the better.

Read Also: Virginia Tax Rebate: Check Your Eligibility For Up To $400 Now

So, if taxpayers were to file today, how long would you wait for a tax refund this Tax Season 2024?

According to Herzog, a tax partner of Metz Lewis, if taxpayers fail to claim income, it may take a year or more, but the IRS computers will in due course figure it out and send you a bill.

The tax return should take about 21 days if there are no issues, and if taxpayers use e-filing and direct deposit, it could be sooner. If you mail it in, four weeks or more. And those numbers could go up the closer we get to April 15.

To avoid financial and mental health problems this Tax Season 2024. File in advance!

Read Also: 2024 Tax Refund: Check Out How Homeownership Can Bolster Returns


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *