Tax Tips Be the First In Line for Your Tax Refund Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint.com Published Jan 26, 2018 1 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. Mark your calendars! The IRS announced today that they will begin accepting e-filed tax returns on Monday, January 29, 2018. You can get started now and be first in line for your tax refund. TurboTax is already accepting tax returns and will securely hold them until the IRS opens. Last year, about 75 percent of taxpayers received a tax refund that averaged close to $3,052. We know that your tax refund can make a big difference in your financial life, whether you need to pay down debt or save for something special. Combined with e-filing, direct deposit is the fastest way to get your tax refund. The IRS anticipates issuing more than nine out of 10 federal tax refunds in less than 21 days from acceptance. The PATH Act of 2015 requires the IRS to hold refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) until February 15. This applies to all tax preparation methods. According to the IRS, taxpayers who claim the EITC or ACTC will likely see tax refunds beginning February 27, 2018. The vast majority of taxpayers are not impacted by this change. The IRS encourages all taxpayers to file as soon as possible and reminds you to keep copies of your prior-year tax returns for at least three years. This year, you will need your adjusted gross income (AGI) from your 2016 tax return instead of your Electronic Filing Pin in order to file electronically. Check back with the TurboTax Blog this tax season to get the latest news for all things taxes and saving money! Previous Post Should I Itemize Tax Deductions on My Taxes? Next Post New Year, New Tax Implications Written by Mint.com More from Mint.com Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do … Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on… Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance