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You may need to file a tax return in 2025, depending on your gross income, filing status and specific tax situation. Tax filing thresholds largely depend on your earned income for the filing year.
Of the 176.2 million individuals and married couples who could file a return in 2020, about 144.5 million of them did, according to the nonpartisan Washington think tank the Tax Policy Center.
How to file your 2024 tax returns. ... By understanding the available options and preparing adequately, you can choose the method that best suits your needs and ensure a smooth tax filing experience.
Getting all your tax documents in order before you start filling out your 2024 income tax return can make the process a lot easier, as can some new free tax filing options if you're eligible.
The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 25 states for the 2025 tax season, up from 12 states ...
When you file your tax return, you can use the standard deduction or claim itemized deductions. ... Tax-filing checklist: Key documents you may need to gather. Form W-2, which your employer will ...