SAN FRANCISCO (KRON) – The IRS will begin accepting tax returns for 2019 starting on Monday, Jan. 27.
If you have a return coming, the sooner you file, the sooner you can expect the cash back.
The IRS typically issues refunds for electronic filers within three weeks.
Filing a paper return can take about twice as long for a refund to get to you.
You can always submit your return early, but you don’t actually have to pay that tax bill until the April 15 deadline.
Automatic extensions to Oct. 15 are available.
Officials said there are few changes for 2019 individual returns compared to alterations for tax-year 2018.
Some things to keep in mind for this year’s filing – the penalty for not carrying personal health insurance has been dropped and no longer applies on federal tax returns starting in 2019.
Taxpayers over age 65 who don’t itemize have the option of using a new return – the 1040-SR, which is a simplified version of the 1040.
- What can Democrats do in response to Trump’s Supreme Court pick? These three scenarios are getting attention
- Caught on Camera: Arkansas officer saves two-year-old boy choking on piece of candy
- 49ers injuries could jeopardize season
- WWII veteran’s canteen found in St. Louis, makes its way back to Oklahoma
- Pres. Trump addresses 75th annual UN General Assembly