Tag: Tax Return

IRS: Many Americans see surprise tax bill they didn’t expect

IRS: Many Americans see surprise tax bill they didn’t expect

Many Americans were surprised by unexpected refunds or tax bills this season, and those owing the IRS can try to avoid it next year. One major way to avoid this, according to the IRS, is to adjust your withholdings. The IRS is ... MORE
IRS, News, Tax Return
Stimulus checks and Qualified Disaster Distributions explained

Stimulus checks and Qualified Disaster Distributions explained

Millions of Americans rushed to finish their taxes this year, but found themselves confused over things like stimulus checks. In addition to the stimulus checks, there’s something called a Qualified Disaster Distribution. There are differences between the two that taxpayers need to ... MORE
IRS, News, Stimulus, Tax Return
IRS: I missed the tax deadline, what happens now?

IRS: I missed the tax deadline, what happens now?

Millions of Americans rushed to get their tax returns in on time with the IRS, but it’s not unlikely that many forgot. So what happens if you forget to submit your taxes on time? Failing to do this on time could result ... MORE
IRS: Who got the $6,728 tax credits and can see it in their refund?

IRS: Who got the $6,728 tax credits and can see it in their refund?

The Earned Income Tax Credit was made available to more Americans by the IRS in 2021 and was worth as much as $6,728. The IRS did this in an attempt to help Americans who have been struggling since the start of the ... MORE
IRS: 5 things to avoid an audit as tax season comes to a close

IRS: 5 things to avoid an audit as tax season comes to a close

Millions of Americans may have found themselves waiting until the last minute to file tax returns with the IRS for 2022. When rushing to finish, you could make a mistake that may result in catching the attention of the IRS. Statistics show ... MORE
IRS, News, Tax Return
IRS: Can tax refunds be deposited on a Sunday?

IRS: Can tax refunds be deposited on a Sunday?

Monday marks the deadline to get your taxes filed with the IRS for 2021, and many want to know when to expect a refund. Many have already filed and want to know if they can see their refund deposited over the weekend ... MORE
IRS: You need to take this step to file an extension

IRS: You need to take this step to file an extension

The IRS has been a bit lenient compared to normal years when it comes to extensions since the pandemic hit. The deadline is Monday, April 18, but you can request an extension by that date. If you receive an extension it is ... MORE
IRS: Only 4 days left to submit return and get tax refund

IRS: Only 4 days left to submit return and get tax refund

Depending on when you file your tax return with the IRS, you can figure out your estimated refund date. There are only three days left to file. The deadline this year was pushed from the 15th to the 18th of April in ... MORE
IRS, News, Tax Refund, Tax Return
IRS: Returns are being rejected, here’s how to avoid that

IRS: Returns are being rejected, here’s how to avoid that

The IRS is working diligently to not only process 2021 tax returns, but many from 2020 as well. This means a rejection could cause serious delay. If you’re still waiting for your 2020 tax return to be processed, you need to do ... MORE
IRS, News, Tax Return
IRS: These tips will not make your refund arrive quicker

IRS: These “tips” will not make your refund arrive quicker

At this point, 91 million Americans have filed their tax returns ahead of the deadline this Monday. Now, many will wait for their IRS refund. There are several things people think will help their refund get processed faster, but they are myths ... MORE
IRS: Who needs to file a tax extension?

IRS: Who needs to file a tax extension?

The final day you can file your tax return with the IRS for 2022 is April 18, so if you need an extension you must file by then. Statistics show that 30% of Americans wait until the last minute to file their ... MORE
IRS, News, Tax Return
IRS: Form 1098 and how to use it with tax returns

IRS: Form 1098 and how to use it with tax returns

Tuition can be expensive for students and their families every year, but there are credits you can claim with the IRS. According to Marca, tuition fees rose by 1.6% since last year. Private school’s tuition fees rose 2.1%. Those in college should ... MORE
IRS, News, Tax Return
IRS: When is the deadline for tax season 2022?

IRS: When is the deadline for tax season 2022?

Tax returns started being accepted by the IRS on Jan. 24, 2022, and now there is less than two weeks to get returns in before the deadline. The deadline this year lands on April 18, 2022. Due to Emancipation Day, the date ... MORE
IRS, News, Tax Return
IRS: Americans wait for refund following Tax Topic 152 notification

IRS: Americans wait for refund following Tax Topic 152 notification

There are only two weeks left to file your taxes for 2021 with the IRS, and 81 million people have already done so. The average refund people are seeing this year is $3,263. The sooner you file your taxes the sooner you ... MORE
IRS, News, Tax Return
IRS: I need a tax extension, how do I file for one?

IRS: I need a tax extension, how do I file for one?

The 2022 tax season is almost over with around two weeks remaining, so if you need an extension from the IRS, you need to request it. The deadline is usually April 15, but this year it will be April 18. This is ... MORE
IRS, News, Tax Return