Ready, set, start your tax filing!

January 23, 2023
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Photo by Jon Tyson on Unsplash

Yes, it’s that day that millions of refund ready taxpayers have been anxiously awaiting. The Internal Revenue Service today begins processing 2022 tax year returns.

I don’t want to interrupt your calculating, but I ran across the Elaine May and Mike Nichols video below where the improv duo discusses filing taxes.

The vignettes were public service announcement commissioned by The National and State Organizations of Certified Public Accountants, and now are part of the Academy Film Archive.

Being a fan of the legendary comedy couple (and their later, separate film work), I had to share. Check it out when you take a break from your Form 1040.

And about that 1040, I also want to share a few early tax season tips:

7 reasons to file your tax return early

6 reasons why you should wait to file your tax return

Who does, and doesn’t, have to file a tax return

Answers to these filing checklist questions could make a big tax difference

Free File 2023 is open, with 7 companies offering 9 no-cost tax prep/e-file options

Those are part of the January Tax Tips page, which has a few more tax season tidbits. More will be coming this month, and the others leading up to Tax Day 2023, which thanks to the weekend and a Washington, D.C., holiday falls on April 18.

You also can find additional ones over in the ol’ blog’s Tax Moves over in the right column.

OK, I’ll stop my start of tax season 2023 shameless plugging and leave you alone so you can focus on your taxes.

 

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Credits/Deductions
Disasters
Family
Filing and Paying Taxes
Politics/Laws
Refunds
State Taxes
Tax Brackets/Inflation
Tax Tips
Comments
  • Dan Turner
    3 years ago

    In tax years prior to 2022, a bank’s Form 1099-INT would list a total interest income amount with a supporting list of specific account numbers and interest amounts that add up to the total amount.
    For 2022, I have received two Form 1099-INT returns which do not show a total amount. Instead, the interest income for each account is separately listed.
    I “chatted” with a rep from one of these banks who didn’t know what number the bank was reporting the IRS: the total amount of interest or each account’s interest. [The Form 1099-INT instructions aren’t of any help.] The rep said to ask my tax advisor!
    I’m a CPA and know you can get a deficiency notice for not reporting income the way the Service receives the same information from the bank, even though you are reporting the total amount of interest income correctly.
    Does anyone know how I should report interest income on multiple accounts from a bank which has not provided a total amount?

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