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IRS announces 2018 dates for returns and refunds- WASHINGTON â The Internal Revenue Service has announced that it will begin accepting tax returns on Jan. 29, and reminded taxpayers that refunds will not be available before late February for taxpayers claiming earned income and child tax credits.
The tax filing season starts Jan. 23. But a new law requires the IRS to delay tax refunds for people claiming these credits until Feb. 15. Processing times will delay most of the refunds until the end of February, Koskinen said. The delay is designed to give the agency more time to screen the returns for fraud. The IRS estimates that it issued $3.1 billion in fraudulent tax refunds to identity thieves in 2014. The year before, the agency says, it paid out $5.8 billion in fraudulent refunds.