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Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
Here are some additional tips from financial advisors on making filing simple and maximizing your refund. (And don't miss Fortune 's other tax season coverage .) 1.
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Tax Analysts is a nonprofit publisher offering the Tax Notes portfolio of products, including weekly magazines featuring commentary, daily online journals featuring news and analysis, and research tools, all focused on tax policy and administration.
The interest income is exempt from federal income tax for the recipient—a treatment similar to that for interest income from municipal bonds. Tax anticipation notes are short term notes, issued at a discount, with a maturity period usually less than a year or a stated future date.
The tax credit was $400 for individuals with earned income of less than $4,000. The tax credit was an amount less than $400 for individuals whose income was between $4,000 and $7,999 during the year. [11]
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An automatic extension until Oct 15 to file Form 1040 can be obtained by filing Form 4868. [5] Form 1040 is two abbreviated pages, not including attachments. Prior to the 2018 tax year, it had been two full pages, again not counting attachments, but following the passage of the Tax Cuts and Jobs Act of 2017, the IRS dramatically shortened both ...