You can start filing your taxes for the 2025 tax year on January 27, 2025, when the IRS e-filing system opens. It’s crucial to prepare your documents early, as this can streamline your filing process. Gathering forms like W-2s and 1099s, along with last year’s tax returns, will help you identify potential deductions . Comprehending the benefits of early filing can likewise be advantageous, especially if you’re expecting a refund. But what should you know next? Key Takeaways E-filing for the 2025 tax year opens on January 27, 2025. Tax returns must be filed by April 15, 2026, to avoid penalties. An automatic six-month extension can be requested, moving the deadline to October 15, 2026. Start gathering tax documents as early as January for smooth filing. Early filing can lead to faster refunds and reduced risk of identity theft. Understanding Tax Season Grasping tax season is essential for every taxpayer, especially since it marks the period when you need to prepare and file your income tax returns.…