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Tax return laws generally prohibit disclosure of any information gathered on a state tax return. [10] Likewise, the federal government may not (with certain exceptions) disclose tax return information without the filer's permission, [11] and each federal agency is also limited in how it can share such information with other federal agencies. [10]
On Friday, the tax agency said that most refunds are issued in fewer than 21 calendar days. That means someone who files their taxes on Jan. 27 could receive their refund by February 17, if all ...
Taxpayers who have additional income sources from freelancing or investments and didn’t account for the extra money in their withholdings can also cause your tax refund to be too big.
The new procedure means taxpayers who paper-filed their returns should get their refunds sooner than in previous years. Filers who rely on tax returns for personal or business reasons should also ...
The option for taxpayers does not change the amount of their individual tax or refund. Instead, the funds are designated to go to the Presidential Election Campaign Fund instead of the regular pool of the US Treasury. Accordingly, the amount of the money in the fund is determined by how many taxpayers check the box. [3]
The nation’s tax filing season begins Monday, as the Internal Revenue Service starts accepting and processing 2023 federal tax returns. Taxpayers have until April 15 to file without an extension.
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