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Tax Day always falls on that date, unless April 15 is a weekend or holiday. This year, it comes on a Tuesday. The average federal income tax refund in 2024 was $3,138 based on IRS data through Dec ...
The IRS’s update on the progress of tax season this year so far shows that average tax refund amounts are up 18.6% versus the same time last year, total filings down slightly to date.
For tax year 2024, taxpayers can contribute up to $7,000 to an IRA, up from $6,500 in the prior year. For taxpayers over 50, the amount increased to $8,000, from $7,500 in 2023.
Tax Day; Observed by: United States: Type: National: Significance: Due date for federal individual income tax returns: Date: April 15 (Monday through Thursday) April 17 (Tuesday; April 15 is Sunday, and Monday is a holiday) April 18 (Monday; April 15 is Friday, and Friday is a holiday) April 18 (Tuesday; April 15 is Saturday, and Monday is a ...
For 2025, the IRS has adjusted income tax brackets to accommodate rising wages. The 37% top tax rate applies to singles earning over $626,350 and married couples earning over $751,600 (an increase ...
Year Event c.13000 BCE: Domestic dogs arrive in North America with Siberian colonizers. [1] Native Americans use dogs as draught animals, and breed them for wool and food. [2]c.200 BCE
Social Security also has a wage cap that dictates how much income is taxed each year to fund it. In 2024, the wage cap was $168,600. In 2024, the wage cap was $168,600. But in 2025, it's ...
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