Tax season 2023 officially started in Delaware: Here are key deadlines to keep in mind

Anthony DiMattia, Delaware News Journal
·4 min read

Tax season has officially begun.

The Internal Revenue Service began accepting and processing tax returns in January. If you've already completed your return either using tax software or working with a tax professional, the IRS will now be able to review your return.

The IRS said more than 168 million individual tax returns are expected to be filed this year "with the vast majority of those coming before the April 18 tax deadline."

If your return contains no errors or red flags, your refund should be delivered within 21 days if you file electronically and opt to have the money directly deposited in your bank account, the IRS said. But it could take longer if the debt ceiling isn't raised soon.

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When is the federal filing deadline for 2023?

Taxes are due by April 18 since April 15 falls on a Saturday and Emancipation Day, a holiday observed in Washington, D.C., is April 17.

Deadline for filing federal income tax returns that have received extensions

If you request an extension, you'll have until Oct. 16 to file your return. Importantly, that doesn't buy you more time to pay your taxes. You'll still have to pay any amount due to avoid penalties, but you'll have more time to complete your tax forms.

Deadline to file Delaware state income tax

Delaware began processing 2022 individual income tax returns on Jan. 23, according to the state's Division of Revenue.

This year’s filing deadline for personal income tax isMonday, May 1.

The state began issuing refunds on Wednesday, Feb. 15, according to the Division of Revenue.

The state encourages residents to file their taxes online at tax.delaware.gov or to go through other electronic filing programs to receive their refunds faster. Requesting refunds by direct deposit also will improve refund processing, the agency said.

You can now start filing your 2022 tax returns. Taxes are due by April 18 this year unless you file for an extension.
You can now start filing your 2022 tax returns. Taxes are due by April 18 this year unless you file for an extension.

$300 rebate check

Delaware residents who received a $300 rebate check in 2022 for filing a 2020 tax return will not have to pay a tax on the one-time payment.

It also applied to seniors and those who didn’t earn enough money to file taxes.

Lawmakers created the program to help residents deal with skyrocketing gas prices and the burden of inflation. It is likely the first time the state government has created a rebate program.

Officials estimated 600,000 people filed 2020 tax returns, with an additional 150,000 people eligible for the rebate.

It's official:Delaware residents will see $300 as part of historic tax rebate program

Tax refund:Delaware has started sending $300 rebate checks, when will you get yours?

1099 deadline

If you're a freelancer or independent contractor or earn income from other sources outside of a traditional job, you should receive a 1099 tax form by Feb. 15. The same applies to people who won at least $600 in prize money last year.

W-2 deadline

Your employer is required to send you a W-2 by Jan. 31.

When does IRS Free File open?

IRS Free File opened on Jan. 13.

IRS Free File lets you file your federal taxes at no extra cost either through electronic fillable forms or through IRS partnerships with private tax-preparation services.

If you had an adjusted gross income of $73,000 or less in 2022, you are eligible for free guided tax preparation services. The IRS also offers free fillable forms anyone can use regardless of income level.

Be sure to regularly check this page for the latest information on IRS Free File.

Quarterly tax due dates

If you earn income that isn't subject to withholding taxes, you're typically required to make estimated tax payments to the IRS. You can do this on a quarterly basis or through one annualized estimate. The annualized estimate is due on April 18.

The quarterly payments for 2023 are due by the following dates:

  • First payment: April 18.

  • Second payment: June 15.

  • Third payment: Sept. 15.

  • Fourth payment: Jan. 16, 2024.

This article originally appeared on Delaware News Journal: Where is my Delaware tax refund? Key deadlines for tax season 2023