The 2025 tax season is here. Here are 3 things Oklahomans should know:

The 2025 Tax season started on Monday and local tax experts encouraged the community to get prepared.  

Monday, January 27th 2025, 10:25 pm

By: Elizabeth Fitz


The 2025 Tax season started on Monday and local tax experts encouraged the community to get prepared. 

Who needs to file taxes? 

“If you received income through the tax year of 2024, you probably do need to file,” said Lyn Fallin, Managing Partner at Total Tax & Accounting, LLC. “Anyone who made over $600 working for someone should have got a 1099. Even if you didn't get a 1099, you still need to report that income.” 

She added that people on Social Security usually don't need to file, but if they have other income, sometimes they do need to file. 

“The best thing to do is talk to your tax preparer. Go to somebody who knows what they're doing. Don't just assume -- that gets people in a lot of trouble,” Fallin suggested. 

Have your documents ready. 

Before you file your taxes, make sure to have on hand: 

  1. Income Statements like W-2s and 1099s 
  2. Deduction Records including receipts for deductible expenses like property taxes and charitable contributions 
  3. Proof of Tax Credits including documentation for education or energy-efficient home improvements 

The deadline to file taxes is April 15. 

“If you don't file an extension by then and you owe taxes, when you do file, they will send you a lovely penalty letter and it will state that you owe for a late filing fee and for interest on the money that you owe. It is quite expensive,” Fallin warned. 

She clarified that applying for an extension would postpone the deadline to file, and not the deadline to pay what might be owed to the state or federal government. 

Fallin recommended getting your taxes right the first time because the process of amending can be long and challenging. 

“You're looking at a minimum of 16 to 24 weeks before the IRS even processes it.” 

If you're interested in learning more about filing your taxes or just want some extra help, click here.

Elizabeth Fitz

A proud Hoosier and racing fan, Elizabeth graduated from Indiana University with a Bachelor's degree in News Reporting and Editing. Elizabeth joined the News 9 team in October 2024.

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