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Deadlines for filing tax returns, extensions, what you need to know ... The trend may not hold as refund amounts dropped 13% between March and April in 2023, ... The 2024 tax season is underway ...
Tax season starts Jan. 29 and the deadline to file is April 15. However, taxpayers living in Maine or Massachusetts have until April 17 to file due to Patriots' Day and Emancipation Day.
Under the Affordable Care Act in 2013, an additional tax for taxpayers in the higher federal tax brackets was added to fund Medicare. The additional Medicare tax rate is 0.9%. The additional ...
Social Security tax: Both you and your employer contribute 6.2 percent of your wages up to a capped amount called the taxable maximum ($168,600 in 2024). This cap means that high-income earners ...
The IRS is raising tax brackets by 5.5%; a financial expert says this could mean you will owe less in taxes or see a bigger refund. Important changes you need to know about this 2024 tax season ...
January 16, 2024 is the fourth and final installment deadline for tax year 2023. If you fail to meet this deadline, you may be assessed a penalty when you file your tax return. January 31
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The Social Security tax rate is 12.4% of your paycheck, and another 2.9% goes to Medicare, for a total FICA tax rate of 15.3%. If that seems steep, it’s because you aren’t paying the entirety.