Here's the First Day You Can File Your Taxes in 2020

The tax-filing deadline this year is April 15, so you may not be thinking about submitting a return just yet. But the IRS just announced that it will begin accepting 2019 returns on January 27, 2020. And if you're able to complete your taxes by the end of the month, it pays to do so.

If you're owed a refund from the IRS, the sooner you submit your tax return, the sooner you can expect that cash. The IRS typically issues refunds for electronically submitted returns within three weeks. For paper returns, it's about twice as long a turnaround. But if you think you're due a large chunk of cash, filing your return in January could put that money in your hands by mid-February.

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Source Fool.com