Tax filing season will open on Monday, January 24th, it’s the third coronavirus pandemic tax filing season and that’s once again expected to cause complexities in filing
that the 2022 tax filing season will open on Monday, January 24th, 2022. That’s when the IRS will start accepting federal income tax returns for the 2021 tax year whether you file electronically or on paper. It’s the third coronavirus pandemic tax filing season, and again, that’s expected to cause complexities in filing.
For most taxpayers, the due date to file and pay is Monday, April 18th, 2022, not the typical 15th because that’s Emancipation Day. Taxpayers in Maine or Massachusetts have until April 19th, 2022, to file their returns due to the Patriots’ Day holiday in those states. Victims of tornados in Illinois, Tennessee and Kentucky, and victims of wildfires in Colorado will have until May 16th to file and pay. Taxpayers requesting an extension will have until Monday, Oct. 17, 2022, to file.
For the child tax credit, you have to reconcile the amount the IRS sent you in advance payments last year with the amount you’re actually due. Most taxpayers got half of the 2021 child tax credit in monthly payments in 2021 and will get the second half when they file their tax return. In December, the IRS started sending out Letter 6419 to provide the total amount of advance Child Tax Credit payments received in 2021. You’ll need to refer to that when you file.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23 – Taxes Bitcoin NewsAn industry association has written to India’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. crypto bitcoin
Read more »
Tax Season Begins Jan. 24 — Over 2 Weeks Early Due to COVID, IRS FundingThis year’s tax filing season will begin on Jan. 24, 17 days earlier than last year
Read more »
Venmo, PayPal and Zelle must report $600+ in transactions to IRSAs of Jan. 1, mobile payment apps like Venmo, PayPal, Zelle and Cash App are required to report commercial transactions totaling more than $600 a year to the IRS.
Read more »
You May Receive a Letter From the IRS About Stimulus Checks — Here's What It MeansThe IRS is sending Letter 6475 to millions of taxpayers this month related to the 2021 stimulus check. Here's what to do with it.
Read more »
IRS officials: Expect ‘challenges’ that may lead to delayed refundsWhile processing may be slowed, you can do a couple of things that may get you your refund quicker.
Read more »
Is Capitol gridlock looming over Gunn's tax proposal?
Read more »