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June 15: Contractors, gig workers, and others whose self-employment requires them to pay estimated quarterly taxes must have their second-quarter checks in the mail by this date.
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.
If you’re e-filing, you can file for an extension for free using the IRS’s Free File. Paper filers will need to submit Form 4868 to get a six-month extension on their tax deadline.
Check out H&R Block’s tax checklist to help you prepare. If you cannot afford a tax professional but need help filing your taxes, visit the IRS free file options or Volunteer Income Tax ...
The tax is paid by employers based on the total remuneration (salary and benefits) paid to all employees, at a standard rate of 14% (though, under certain circumstances, can be as low as 4.75%). Employers are allowed to deduct a small percentage of an employee's pay (around 4%). [7] Another tax, social insurance, is withheld by the employer.
Here's what to know about filing your state and federal tax returns for the 2023 tax year. ... Any taxpayer or family who earned $73,000 or less in 2023 can use a free filing option for their tax ...