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The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29. But although official processing won't begin until that date, the agency said, filers shouldn't wait to ...
If you don’t meet the deadline, the failure-to-file penalty is 5% of the unpaid taxes for each month or part of a month that a tax return is late, according to the IRS. The late-payment penalty ...
The nation’s tax filing season begins Monday, as the Internal Revenue Service starts accepting and processing 2023 federal tax returns. Taxpayers have until April 15 to file without an extension.
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 ...
If the change is retroactive to 2023, the IRS is expected to adjust payments or refunds for those who filed early but are owed more money for the child tax credit due to the tax law change.
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.”
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