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The first day to file taxes with the IRS will officially start on January 23. However, you can get started at anytime with online tax filing and get your refund as soon as possible. Four out of five returns have also been projected to be prepared using tax return software and e-filed.
According to the IRS, if youâre amongst the 68% of filers who use Form 1040, youâll spend a whopping 22 hours filing your taxes. 22 hours! I know what youâre thinking: how could it possibly take 22 hours to file your taxes? To be fair, the form completion accounts for just four of those hours.