Cross References
- IR-2021-16, January 15, 2021
The IRS has announced that the nation’s tax season will start on Friday, February 12, 2021,
when the tax agency will begin accepting and processing 2020 tax year returns.
The February 12 start date for individual tax return filers allows the IRS time to do additional
programming and testing of IRS systems following the December 27 tax law
changes that provided a second round of Economic Impact Payments and other benefits.
To speed refunds during the pandemic, the IRS urges taxpayers to file electronically with
direct deposit as soon as they have the information they need. “Planning for the nation’s
filing season process is a massive undertaking, and IRS teams have been working nonstop
to prepare for this as well as delivering Economic Impact Payments in record time,”
said IRS Commissioner Chuck Rettig. “Given the pandemic, this is one of the nation’s
most important filing seasons ever. This start date will ensure that people get their needed
tax refunds quickly while also making sure they receive any remaining stimulus payments
they are eligible for as quickly as possible.”
Last year’s average tax refund was more than $2,500. More than 150 million tax returns
are expected to be filed this year, with the vast majority before the Thursday, April 15
deadline.
Under the PATH Act, the IRS cannot issue a refund involving the Earned Income Tax
Credit (EITC) or Additional Child Tax Credit (ACTC) before mid-February. The law provides
this additional time to help the IRS stop fraudulent refunds and claims from being
issued, including to identity thieves.
The IRS anticipates a first week of March refund for many EITC and ACTC taxpayers if
they file electronically with direct deposit and there are no issues with their tax returns.
This would be the same experience for taxpayers if the filing season opened in late January.
Taxpayers will need to check Where’s My Refund for their personalized refund date.
Overall, the IRS anticipates nine out of 10 taxpayers will receive their refund within 21
days of when they file electronically with direct deposit if there are no issues with their
tax return. The IRS urges taxpayers and tax professionals to file electronically. To avoid
delays in processing, people should avoid filing paper returns wherever possible.
Filing Season Delayed Until February 12
Post Date: 1/25/21 |
Last Updated: 1/25/21 |
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