Your Guide to 2025 Tax Filing
Key Dates to Remember
The official start of the 2025 tax season is expected to begin in mid-January. This is when the IRS typically starts accepting and processing individual tax returns. However, the exact date will be announced closer to the time, so it’s essential to stay updated with official IRS communications.
For filing your 2024 income taxes in 2025, the deadline remains the same: April 15, unless that date falls on a weekend or holiday. Should this occur, the filing deadline will usually shift to the next business day.
If you anticipate needing additional time to file, you can request an extension. Extensions typically allow taxpayers until October 15 to file, but keep in mind that any taxes owed must still be paid by the original April deadline to avoid penalties.
Options for Filing Your Taxes
There are several ways you can file your taxes next year. Whether you choose to complete your return independently or require assistance, here are some commonly used methods:
- Electronic Filing (e-File): This is the most widely used method. IRS e-File provides a fast and secure way to submit your return. Software tools and tax preparers often use this method, ensuring accuracy and quicker processing times.
- Free File Program: The IRS Free File program is available for those with an adjusted gross income (AGI) below a certain threshold. This program offers free access to guided tax preparation tools provided by partnering software companies.
- Paper Filing: Though less common, some individuals still prefer to mail in a physical copy of their tax return. If you choose this method, ensure it is postmarked by the filing deadline to avoid penalties.
- Professional Tax Assistance: For complicated tax situations or added peace of mind, enlisting the help of a certified tax professional can be a worthwhile option.
Free Filing Options
For eligible taxpayers, several free filing options are available that make the tax process more accessible:
- IRS Free File: Taxpayers whose AGI falls below a specified limit can access free electronic tax preparation through this program. It’s a user-friendly service that simplifies the filing process.
- Volunteer Income Tax Assistance