Everything You Need to Know About Tax Season 2025 – US Deadlines

As 2025 begins, so does tax season—a nearly three-month period when millions of Americans file their taxes. This year, some updates to tax brackets and filing requirements may affect whether you owe money or receive a refund.

This guide provides everything you need to navigate the upcoming tax season with ease, including key deadlines, new regulations, and tips to streamline your filing process.

Key Deadlines for Tax Season

1. Start of Tax Filing: The IRS typically opens its Direct File system in January. For 2025, tax season is expected to begin on Monday, January 27, aligning with previous years.
2. Tax Day: The deadline to file your tax return or request an extension is Tuesday, April 15, 2025. If you file for an extension, you have until Wednesday, October 15, 2025, to complete your return.

What’s New This Year?

Expanded Use of Form 1099-K:
One of the most significant changes involves Form 1099-K, which must now be issued by payment platforms like PayPal and Venmo for transactions totaling more than $5,000. This form is required to report income from payment cards or third-party platforms.

Updated Tax Brackets:
The IRS has adjusted tax brackets for 2025. Here’s how they break down:

For single filers:

• $0–$11,925: 10%
• $11,925–$48,475: 12%
• $48,475–$103,350: 22%
• $103,350–$197,300: 24%
• $197,300–$250,525: 32%
• $250,525–$626,350: 35%
• Over $626,350: 37%

For married couples filing jointly:

• $0–$23,850: 10%
• $23,850–$96,950: 12%
• $96,950–$206,700: 22%
• $206,700–$394,600: 24%
• $394,600–$501,050: 32%
• $501,050–$751,600: 35%
• Over $751,600: 37%

For head of household:

• $0–$17,000: 10%
• $17,000–$64,850: 12%
• $64,850–$103,350: 22%
• $103,350–$197,300: 24%
• $197,300–$250,500: 32%
• $250,500–$626,350: 35%
• Over $626,350: 37%

Common Questions

When will I get my refund?
If eligible for a refund, you can expect it within 21 days of filing, especially if you file electronically and choose direct deposit.

Which states don’t have income taxes?
If you live in a state without income tax, like Tennessee, you only need to file a federal return. Other states with no income tax include:

• Alaska
• Florida
• Nevada
• New Hampshire
• South Dakota
• Texas
• Washington
• Wyoming

Tips to Simplify Your Tax Filing

1. Start organizing now. Gather W-2s, 1099s, and receipts for deductible expenses early to avoid last-minute stress.
2. Consider professional help. A tax consultant can optimize your return and ensure compliance, especially if you’ve had changes in income or tax obligations.
3. Leverage online tools. Platforms like TurboTax and H&R Block can make electronic filing easier and help you avoid costly errors.

Tax season doesn’t have to be overwhelming. With proper preparation and attention to detail, you can minimize stress, avoid penalties, and possibly receive a substantial refund.