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Here are the most important changes for tax filing in 2023. Tax Filing Date. Taxes are due Tuesday, April 18. ... For tax year 2022, individuals could contribute as much as $20,500 to their 401(k ...
Residents in many states do not have to report their COVID relief funds received in 2022 on their federal income tax returns filed in 2023. ... sent out in January 2023, Maine is sending $450 ...
State Tax Burdens 2022 % of income. State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions,
The filing deadline to submit 2022 tax returns (or an extension to file and pay tax owed) is Tuesday, April 18, 2023. Taxpayers requesting an extension will have until Monday, Oct. 16, 2023, to file.
They note that wealthy Mainers have had three income tax reductions in the prior six years, and now pay a lower effective tax rate than most Mainers, while little has been done for home health care workers by the Legislature. [1] Maine Secretary of State Matthew Dunlap approved the wording of Question 1 on June 25, 2018.
Additionally, April 18 is the deadline for filing estimated quarterly taxes for the first quarter of 2023. April 19: If you live in Maine or Massachusetts, you must file your 2021 tax return or ...
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