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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.
In fiscal year 2022, the Internal Revenue Service issued more than 237.8 million refunds to individuals, amounting to nearly $512 billion ... state and federal tax returns for the 2023 tax year ...
Tax brackets for 2023 increased 7% to account for the 40-year high inflation of 8% in 2022, USA TODAY reports. And the IRS already has announced tax brackets will get another 5.4% increase for 2024.
There are many tax law changes to be aware of in 2023 and sometimes it can be difficult to keep up with all of them. Stay on top of the latest news and tax trends by signing up for e-News ...
This includes income you earned from Sept. 1 through Dec. 31, 2023. Jan. 29, 2024. Tax filing season begins and the IRS begins to accept and process federal tax returns on Jan. 29, 2024. Jan. 31, 2024
The tax season for tax year 2023 has officially started and you were able to file as early as Jan. 29, 2024. ... Essentially this means that the IRS is accepting and processing the 2023 tax year ...
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