Subscribe

2016 tax season: 10 important changes and tips + 10 wacky deductions

This year’s income tax season officially opens Jan. 23, 2017. That's when the US Internal Revenue Service (IRS) begins reviewing individual tax-return filings. So it’s time to start gathering your documents and calculating how much you owe – or, more importantly, how much the IRS owes you. Here are a few important changes for the 2016 tax year.

1. 2017 filing deadline: Three extra days

  • close
    The Internal Revenue Service building in located in Washington, DC.
    Susan Walsh/AP/File
    View Caption
  • About video ads
    View Caption
of

April 15 is traditionally known as the annual deadline for filing federal income taxes. However, this year taxpayers have a few extra days. The IRS has pushed the filing deadline to Tuesday, April 18 because April 15 falls on a Saturday. Why not Monday, April 17? Because that’s a holiday – Emancipation Day – in Washington, DC.

1 of 11
 
 
Make a Difference
Inspired? Here are some ways to make a difference on this issue.
FREE Newsletters
Get the Monitor stories you care about delivered to your inbox.
 

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK