The tax-filing season will end a few days later than usual this year.
returns on Jan. 24 – and administration officials are already warning of a "frustrating" season for taxpayers as the agency grapples with a backlog of returns from previous years.
The difficulty this season stems from a massive backlog of paper returns: The IRS usually enters the tax-filing season with fewer than 1 million remaining items to address, but due to the pandemic and related disruptions, it has a much more severe accumulation of paperwork this year. Treasury officials did not provide an exact figure, but suggested that it was several times more than 1 million. There are several reasons for the delays.
Taxpayers will also have to reflect the monthly child tax credit payments and the stimulus checks they received in 2021 on their returns, further complicating matters and increasing the likelihood of errors and delays in processing returns. It can give filers more time to thoroughly review their return and take advantage of all the tax benefits, like various deductions and credits, that are available to them to help them reduce their liability.
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