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For one reason or another, you may have failed to file tax returns for past years. If you're in this boat, don't panic -- the best thing to do is to play catch-up as soon as possible. See ...
That said, the IRS releases data periodically throughout tax season, and so far, the average tax refund is trending lower: $1,395 versus $1,963 at this time last year, the IRS said in a press ...
For married couples filing jointly for tax year 2024, the deduction increased to $29,200, up $1,500 from tax year 2023, the IRS said. The IRS noted that for the head of household, the standard ...
Use Free File tools, which allow taxpayers who make under $73,000 to file returns electronically for free “using brand-name software provided by commercial tax filing companies.”
Failing to pay any taxes owed upon filing or receiving an extension will owe a monthly penalty of 0.5% of unpaid amounts. The IRS states an extension to file is not an extension to pay. Nina Tran ...
Your 2023 tax returns depend on you submitting accurate information and avoiding late payment penalties for filing past ... the current year’s deadline. Use IRS Form 4868: To file for an ...
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