Quarterly Estimated Tax Payments

• If you are making quarterly estimated tax payments to the IRS, the due date for the September 1st – December 31st, 2021 quarter of year is January 18th, 2022.
• You may be able to skip the January 18th payment if you file your 2021 return by January 31st, 2022 and pay all tax due.
• For payments made using IRS Direct Pay, you can make payments until 11:45PM EST, and for payments using a credit or debit card, payments can be made up to midnight on the due date.

Business Return E-file

• The IRS began accepting and processing business returns on January 7.

Forms in Process

• While the majority of forms and schedules are available, some have not been finalized by the IRS or are still in the testing process.

Tax Season Begins January 24

• The IRS will begin accepting and processing returns Monday, January 24, 2022. 
• Returns sent before this date are being held in a queue and will be transmitted to the IRS as soon as the IRS is ready to process.
• When the IRS starts processing returns, acknowledgments may be unpredictable due to the high volume of returns being processed.

IRS Letters 6419 and 6475

• The Internal Revenue Service announced on 12/22/2021 that it will issue information letters to Advance Child Tax Credit recipients starting in December (Letter 6419),
• To recipients of the third round of the Economic Impact Payments at the end of January (Letter 6475).
• Using this information when preparing a tax return can reduce errors and delays in processing.  For more information, see the IRS New Release page here.