⏰ It's tax time — Monday, April 18 is the federal income tax deadline! We have some last-minute tips:
This year’s federal income tax deadline is Monday, April 18, for most people. Though the Internal Revenue Service received over 91 million returns by early April, the agency is expecting more than 160 million returns.
As of earlier this month, the average refund was $3,226, which is 11.5% higher than last year. If you’re down to the wire on filing your tax returns, make sure not to overlook eligible credits.This is the quickest way for the IRS to process a return and turn around a refund payment.If you need breathing room to file your tax return, do it sooner rather than later.
The failure to pay penalty is 0.5% of unpaid taxes “for each month or part of a month the tax remains unpaid,” the IRS says. But it’s 5% in the same period for a failure to file.Still waiting for 2020’s tax return to process? Go ahead and file your 2021 return by the deadline or request an extension.Accurately state your Child Tax Credit and Economic Impact Payments
During 2021, the IRS paid out stimulus checks and six monthly advances of the enhanced child tax credits to eligible households. Tax time 2022 is when the IRS squares up with taxpayers, so accurately state the amount you’ve already received.This credit is meant to help families offset their childcare costs while they go to work. There’s some extra paperwork involved to claim this credit but it might be worth it.This credit is for low- and moderate-income working households.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Plan for overnight lane restrictions on Interstate 17 between New River and Flagstaff, from Monday, April 11, to Friday, April 15
Consulte Mais informação »
Have you filed yet? Federal income tax deadline is April 18The filing deadline to submit 2021 tax returns, or an extension to file and pay tax owed, is Monday, for most taxpayers, according to the Internal Revenue Service.
Consulte Mais informação »
Ricky Hanft is bringing German deep cuts to the next Monday Night Foodball - Chicago ReaderMondayNightFoodball: Ricky Hanft is bringing German deep cuts for a meaty menu at our weekly chef pop-up series at the Kedzie Inn. Preorders are now open! 👇 | MikeSula
Consulte Mais informação »
ALEA’s temporary driver license office closure starts MondayMONTGOMERY – The Alabama Law Enforcement Agency (ALEA) will temporarily close its driver license examining offices statewide beginning this Monday, April 18, to install a new license system.
Consulte Mais informação »
Why ‘Never Miss a Monday’ Is the Only Fitness Rule I FollowIt's easy to follow because I actually want to.
Consulte Mais informação »
Hells Angels RICO trial to start Monday, including allegations that they murdered one of their ownThree members, including two chapter club presidents, are going on trial in a racketeering case starting Monday.
Consulte Mais informação »