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It’s tax season, and the deadline to file a tax return or request a return extension is just three months away.. In fiscal year 2022, the Internal Revenue Service issued more than 237.8 million ...
The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...
The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the agency will start accepting and processing 2024 income tax returns.
The tax season for tax year 2023 has officially started and you were able to file as early as Jan. 29, 2024. Here are some other important dates: Jan. 1, 2024: The unofficial start of tax season.
The Internal Revenue Service has received 1.7% fewer returns this tax season but has processed 2% fewer returns this year compared to 2023, according to Forbes. READ MORE Tax return extensions ...
2023 Tax Brackets and Income Tax Rates Tax returns for 2023 were due on April 18, 2024, for most filers. If you secured an extension by tax day, your new federal filing deadline was Oct. 16, 2024.
The basics of tax filing never change. Every year, you must declare all of your earned income, claim any deductions or credits you're entitled to, and ensure that you've paid the appropriate tax....
If you have enough deductions to exceed the standard deduction for your filing status ($13,850 for taxes due in 2024 and $14,600 for 2025 tax filings), you can itemize those expenses to lower your ...
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