Should You Wait to File Your Taxes This Year?

The 2024 tax season is open, but should you wait to file your tax return?

post-it with "tax time" written on it on top of dates torn off of a calendar
(Image credit: Getty Images)

The 2024 tax season is underway, but taxpayers have until April 15 to file their federal income tax returns this year. Some people file as soon as the IRS begins accepting returns, and others wait until Tax Day. So, which is better? Should you wait to file taxes, or should you file them early? 

The answer depends on your individual tax situation, but here’s what you should know before you file your 2023 tax return.

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Katelyn Washington
Former Tax Writer

Katelyn has more than 6 years of experience working in tax and finance. While she specialized in tax content while working at Kiplinger from 2023 to 2024, Katelyn has also written for digital publications on topics including insurance, retirement, and financial planning and had financial advice commissioned by national print publications. She believes knowledge is the key to success and enjoys providing content that educates and informs.