The Internal Revenue Service announced the opening of the 2022 tax season, signaling that it is now accepting and processing 2021 tax returns. It expects more than 160 million individual tax returns filed for the 2021 tax year.
To avoid being subject to estimated tax penalties, taxpayers who may have
underpaid their 2021 income taxes should make their fourth quarter estimated tax
payment. The deadline for this is Tuesday, January 18,