Today the IRS announced Monday, January 29, 2024 as the beginning of the nation’s 2023 tax season when the agency will begin accepting and processing 2023 tax year returns. Don’t wait to file. File today with TurboTax, and be first in line for your tax refund! Although the IRS has not yet begun accepting e-filed tax returns, TurboTax securely holds your completed taxes, transmits them to the IRS, and state when they open for e-file.
Whether you want to do your taxes yourself, get help along the way, or just fully hand over your taxes to a tax expert, TurboTax is ready to help you get your biggest refund.
Last year, the average tax refund was more than $3,000. We know that your tax refund can make a big difference in your financial life, whether you need to pay down debt or save for something special.
Combined with e-file, direct deposit is the fastest way to get your tax refund. Overall, the IRS anticipates nine out of 10 taxpayers will receive their refund within 21 days or less when they file electronically with direct deposit if there are no issues with their tax return.
The IRS encourages all taxpayers to file as soon as possible and reminds you to keep copies of your prior-year tax returns for at least three years. The filing deadline to submit 2023 tax returns is April 15, 2024. Individuals who live in Maine and Massachusetts have until April 17, 2024, because April 15 is Patriots Day and April 16 is emancipation day. C-Corps filing deadline is April 15, 2024 and partnerships and S-Corps filing deadlines are March 15, 2024.
Get your tax refund up to 5 days early* with TurboTax + Credit Karma MoneyTM
You could get your tax refund up to 5 days earlier when you have it deposited onto awith Credit Karma Money™ checking or savings account**. Free to open and with no minimum balance fees, enjoy perks like automatic cashback***, Early Payday, and more. Select Credit Karma Money as your deposit option when you’re ready to finish and file inside TurboTax.
Check back with the TurboTax Blog this tax season to get the latest news for all things taxes and saving money!
*Get your tax refund up to 5 days early: When it’s time to file, have your tax refund direct deposited with Credit Karma Money™, and you could receive your funds up to 5 days early. If you choose to pay your tax preparation fee with TurboTax using your federal tax refund or if you choose to take the Refund Advance loan, you will not be eligible to receive your refund up to 5 days early. 5-day early program may change or discontinue at any time. Up to 5 days early access to your federal tax refund is compared to standard tax refund electronic deposit and is dependent on and subject to IRS submitting refund information to the bank before release date. IRS may not submit refund information early.
**For Credit Karma Money (checking account): Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply.
*** Restrictions may apply. Purchases made with your Credit Karma Visa® debit card only. Check your Spend account for cash back feature. Cash back amounts vary based on participating merchants and are subject to change. Cash back rewards may take up to 45 days to be deposited into your account. Cash back rewards program powered by Dosh.