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Tax Return

All articles tagged with #tax return

finance1 year ago

"2024 Child Tax Credit: What You Need to Know"

Taxpayers claiming the child tax credit or earned income tax credit may experience delays in receiving their refunds, with most additional child tax credit-related refunds expected to be available in bank accounts or on debit cards by Feb. 27 if taxpayers choose direct deposit and there are no other issues with their tax return. The IRS cannot issue refunds involving the additional child tax credit before mid-February due to the need to prevent fraudulent refunds, and taxpayers can check their personalized refund date using the Where's My Refund? tool.

via CNET|
#additional-child-tax-credit#child-tax-credit#finance
finance1 year ago

"2024 Tax Season: Essential Tips for Filing and Maximizing Your Refund"

The IRS will start accepting 2023 federal income tax returns on Monday, and here are eight things to do before filing: know your deadlines, review last year's return, assess major life changes, check for 1099-K forms from payment apps, fill out Form 8962 for health insurance tax credits, monitor potential tax break increases, expedite your refund, and consider filing for free through the IRS's Direct File pilot program available in 12 states.

via WBAL TV Baltimore|
#finance#irs#tax-credits
taxation1 year ago

"IRS Direct File: A New Free Way to Submit Your Tax Return"

The IRS is launching a new program called Direct File, which will allow low- and moderate-income taxpayers in 12 states, including California, to prepare and file their tax returns online for free. The program is limited to certain types of income and allows for claiming only specific credits and deductions. Direct File will guide users through the process and provide real-time chat support. The program will be available through the IRS website and requires identity verification through ID.me. Taxpayers in California can use the state's CalFile program for free filing. Other alternatives for free filing include the IRS Free File service, AARP Foundation Tax-Aide, Volunteer Income Tax Assistance program, and free versions of tax preparation software from TurboTax and H&R Block.

via Los Angeles Times|
#california#direct-file#free-filing
politics2 years ago

IRS Introduces Free Tax Filing Program for Limited Taxpayers

The IRS plans to launch a pilot electronic free file tax return system in January, inviting select taxpayers across 13 states to participate. The program aims to provide taxpayers with an alternative to private tax preparation companies and could potentially disrupt the industry. The IRS will work with nonprofits, congressional offices, and states to identify eligible taxpayers. The pilot program initially covers individual federal tax returns but plans to integrate state taxes in the future. The IRS aims to avoid a problematic rollout and will release more details in January.

via PBS NewsHour|
#e-file#irs#pilot-program
gaming2 years ago

Steam Removes Tax-Filing Dating Sim Game.

A visual novel game called Tax Heaven 3000, which claimed to prepare players' 2022 US tax returns, has been removed from Steam after gaining attention. The game, developed by MSCHF Product Studios, features a dating sim with an anime aesthetic where players romance a girl interested in their personal finances. The game's About section includes a screed against tax filing software. It is likely that the game is an elaborate prank, and players should not input any sensitive personal information.

via GameSpot|
#gaming#indie-game#prank