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The IRS has given at least one tiny glimmer of hope for your 2023 finances amid a backdrop of economic uncertainty: You can now increase your tax write-off for fuel costs.. See: The Best Month To ...
The nation’s tax filing season kicked off Monday for 2023 federal tax returns. ... Reach out to your 1099 payers if you don’t get your 1099 statements by early February, or call 800-TAX-1040 ...
For those filing their 2022 tax returns in 2023, there are some relatively significant changes to report. ... you may receive Form 1099-K. Prior to 2022, Form 1099-K was issued only if the total ...
Form 1099 is also used to report interest (1099-INT), dividends (1099-DIV), sales proceeds (1099-B) and some kinds of miscellaneous income (1099-MISC). Blank 1099 forms and the related instructions can be downloaded from the IRS website. The following table provides information for each variant.
January 27: This date has been designated Earned Income Tax Credit Awareness Day, which the IRS’s website says is “to raise awareness of valuable tax credits available to many people ...
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.