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The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the agency will start accepting and processing 2024 income tax returns ...
The outlet said refunds could take longer during peak filing times in April, while refunds that include the Earned Income Tax Credit or the Additional Child Tax Credit can't be issued until mid ...
It also took the IRS more than 21 days to issue refunds for some 2020 tax returns that needed review, including those with incorrect Recovery Rebate Credit amounts, or that used 2019 income to ...
With Tax Day coming up next week, it's crunch time to get your tax return completed. But more important than the tax deadline is when you'll actually receive your tax refund after filing. If you...
The average refund amount was $1,395 as of Feb. 2, down 28.9% from $1,963 for the same period last year, the IRS reported. That’s based on nearly 2.6 million refunds disbursed so far versus 7.9 ...
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If you fail to file your federal tax return on time, the standard penalty is a whopping 5% of any tax due for every month the return is late, up to 25% of the unpaid balance. If you file a return ...
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