(NewsNation) — The IRS on Monday announced Jan. 29 as the official start date of the 2024 tax season, and expects more than 128.7 million tax returns to be filed by the April 15 tax deadline.
The announcement comes as the agency undergoes a massive overhaul, attempting to improve its technology and customer service processes with tens of billions of dollars allocated to the agency through the Democrats’ Inflation Reduction Act, signed into law in August 2022.
“As our transformation efforts take hold, taxpayers will continue to see marked improvement in IRS operations in the upcoming filing season,” IRS Commissioner Danny Werfel said in a news release. “IRS employees are working hard to make sure that new funding is used to help taxpayers by making the process of preparing and filing taxes easier.”
Tips to help file in 2024, from the IRS
- Start preparing now
- Gather these records: Social Security numbers, Individual Taxpayer Identification Numbers, Adoption Identification Numbers and this year’s Identity Protection Personal Identification Numbers (IP PIN)
- Plan to report all taxable income and wait to file until you’ve receive all income-related documents
- Plan to file electronically with direct deposit. This is the fastest and easiest way to file and receive a refund
- Avoid filing paper returns whenever possible
The Associated Press contributed to this report.