Tax season started a little late this year but here are some dates to remember.
Today January 29th is the first day the IRS begins accepting paper and online returns. Refunds should start showing up in about 21 days.
So, if you file today you could see your money in the bank, or by check in the mail by February 27.
However, if you have a child tax credit or additional tax credit it will take longer.
Also, according to the IRS if your income was less than $66,000 for 2017 you are eligible to receive free tax preparation under the IRS’s volunteer income tax assistance program.
And the sooner you file, the quicker you get your return.
Filing early also helps prevent the possibility of having a false return filed in your name.
The IRS only accepts one return per social security number so make sure to get yours done right and early.
And remember, the deadline to file is Tuesday April 17.
Late filing penalties apply if you owe taxes and don’t file by then.