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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.
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.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.
Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government.
With tax season officially starting on January 29, eligible taxpayers will be able to file their returns online directly with the IRS for free without using a private provider, if you live in a...
The IRS will roll out Direct File in 2024, a pilot program offering free tax preparation services to eligible taxpayers. Is the program necessary?
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