Published on: Wednesday, March 13, 2024 News

Congressman Raskin Hosts Virtual 2024 Tax Season Information Session

 

It’s tax season! This year, the deadline to file taxes is Monday, April 15, 2024. While tax season can often be stressful and intimidating, there are plenty of resources to assist in simplifying the process. We encourage you to take advantage of the following resources as you prepare to file your taxes!

Update: March 13, 2024
Congressman Jamie Raskin IRS Virtual Information Session
Tuesday, March 5, 2024

Join Congressman Jamie Raskin and special guests from the IRS and the IRS Taxpayer Advocate Service as they answer some common tax questions, including questions about the filing process, tax credits and rebates, and more.

Congressman Raskin  2024 Tax Season FAQ guide

From Congressman Jamie Raskin

  • How can I get my tax return processed as soon as possible?
    The IRS encourages you to file electronically as early as you can and to opt for direct deposit if you anticipate receiving a refund. This is the best way to ensure you receive your tax refund in a timely fashion. Taxpayers with Adjusted Gross Income less than $79,000 can file electronically for free using IRS Free File.
  • Do I qualify for the Earned Income Tax Credit (EITC) or the Child Tax Credit?
    Low- to moderate-income Americans may qualify for the EITC, which can reduce the taxes you owe and potentially increase your refund. You can find out if you are eligible with this tool on the IRS website. If you have children, you may qualify for the Child Tax Credit. Visit Credits and Deductions for more details.
  • What improvements has the IRS made for the 2024 tax filing season?
    Congress and President Biden worked together to pass the Inflation Reduction Act (IRA) in August of 2022, which provided historic investments in the IRS, allowing the agency to make much-needed improvements to its customer service, modernize its technology and operations, and more. Prior to the IRA’s investments in the agency, the IRS saw an 18% cut to its budget over last 20 years and saw dramatic staffing reductions of over 20,000 employees—even as its responsibilities continued to increase. It processed millions more tax returns each year and implemented new legislative mandates from Congress, even as its resources were dwindling due to partisan attacks. With the investments from the IRA, the IRS has made the following improvements:
    1. Expanded in-person service by opening or reopening Taxpayer Assistance Centers (TACs), including eight additional centers since the first anniversary of the law’s enactment. The IRS will offer extended hours at many TACs nationwide for the 2024 tax season.
    2. Increased help available on the toll-free line and expanded customer call back.
    3. Answered over 7.7 million calls during the 2023 tax filing season, an increase of over 65% compared to the previous year.
    4. Reduced the average call wait time from 28 to 3 minutes.
    5. Enhanced paperless processing that allows taxpayers to submit correspondence, non-tax forms and responses to notices digitally.
    6. Enhanced the IRS Individual Online Account which includes chat, the option to schedule or cancel payments, revise payments and validate bank accounts.
    7. Eliminated nearly all of its processing backlog of individual tax returns.With the IRA’s historic investments, the IRS will continue improving taxpayer services for the 2024 filing season. Sustaining this investment beyond 2031 will yield over $851 billion in revenue over the next decade. On the other hand, slashing IRS funding—as some of my conservative colleagues have proposed—would worsen the IRS’s customer service and widen our country’s $688 billion tax gap in which wealthy corporations and individuals choose to evade the taxes they owe.
  • Where can I find more detailed information about the 2024 filing season?
    The IRS website is a great resource for all things taxes. In particular, its Interactive Tax Assistant can answer more of your questions, help you find out how much your standard deduction is, determine whether or not you can claim dependents, discover what tax credits you may qualify for and more.My district office stands ready to help you communicate with the IRS, should any problems with your return arise. For example, if your return is not processed within five months from the date of filing, please feel free to contact my district office for assistance.To get our help with the IRS or any other federal agency you may be interacting with, please fill out my online request form.