Bloomberg Tax
April 17, 2022, 12:15 PM

Taxpayers Get Crypto Jolt in Otherwise Shockingly Normal Season

Laura Davison
Laura Davison
Bloomberg News

The 2022 tax season, predicted by some to be a perfect storm, is coming to a close with barely a stiff wind.

For the first time in three years, the scheduled deadline -- April 18 -- will be met, as the Internal Revenue Service ended up largely being able to manage processing the millions of individual returns despite continuing complications from the pandemic. Delayed due dates for 2020 and 2021 returns had sown confusion for taxpayers and created a last-minute chaos within the IRS to update systems.

“For most taxpayers who have fairly simple taxes, and they e-file and ...