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If you're still working on filing your tax return in 2023, you're not alone. Many Americans take all the way until the final day of April 15 -- or, for 2023, April 18 -- to finish their returns.
Big tax prep companies also have offices open now to handle the Oct. 15 deadline but don't wait until the last day. Free also remains an option if your taxes are straightforward.
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.
Form 1040 (or a variant thereof) is the main tax form filed by individuals who are deemed residents of the United States for tax purposes. The corresponding main form filed by businesses is Form 1120, also called the U.S. Corporation Income Tax Return.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.
This article originally appeared on GOBankingRates.com: Get a Jump on Your Taxes With These Tips From the IRS for 2023. Show comments. Advertisement. Advertisement. In Other News. Entertainment.
Taxpayers have until April 15 to file their 2023 federal income tax returns and their state of Michigan returns. But many file early to get refunds.
IRS Direct File is a popular free program that offers guidance and support as you fill out your tax return and file your taxes directly with the IRS. And it may not be long for this world. On Feb ...
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