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Although not occurring until next year, Jan. 15, 2025, is an important date for 2024 tax filers. This is the date that your final quarterly estimated tax payment is due for the 2024 tax year if ...
If you plan to deduct mileage when filing taxes, you must itemize on your tax return. You can do this in one of the following ways: Complete Form 1040 and Schedule A.
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
Tax Dates. Deadline Variants. Jan. 15, 2025. If you pay your taxes quarterly this was the due date for your estimated tax payments for the 4th quarter.
Tax Dates. Important Deadlines. Jan. 15, 2025. The due date for quarterly taxpayers. This is for your estimated tax payments for the 4th quarter. This includes income you earned from Sept. 1 ...
The standard penalty for missing the tax deadline is 5% of any tax due for every month the return us late, which is up to 25% of the unpaid balance. Failing to pay any taxes owed upon filing or ...
The filing deadline for most 2023 federal and state of Kentucky income tax returns is April 15, 2024.
On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...
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