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The IRS said Friday it will kick off the new tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns.. The agency said it will also open its free Direct File ...
The deadline to file a tax return or request an extension is April 15. Here's what to know about filing your state and federal tax returns.
The deadline to file a tax return with the Internal Revenue Service is drawing near and there are options for people who don't think they will make the April 15 deadline.
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.
This information is used by the employee when they complete their individual tax return using Form 1040. [3] When an employee prepares their individual tax return for a tax year, the withholding amount from Form W-2 is subtracted from the tax due. It is possible to receive a refund from the IRS if more income was withheld than necessary. [3]
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.
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