2024 Tax Filing Deadline: Key Dates and Information

## Key Tax Filing Dates for 2024 - **January 16, 2024**: Fourth quarter estimated tax payment deadline for 2023 - **January 29, 2024**: IRS begins accepting and processing 2023 tax returns - **January 31, 2024**: Deadline for employers to send W-2 forms and file with Social Security Administration; 1099 forms must be sent to recipients - **April 15, 2024**: Standard deadline for filing 2023 tax returns and paying taxes owed - **June 17, 2024**: Second quarter 2024 estimated tax payment due - **October 15, 2024**: Extended filing deadline (if extension requested by April 15) ### State-Specific Exceptions * **Maine and Massachusetts residents**: Due to Patriots' Day observance, deadline extended to April 17, 2024 * **Washington, D.C. residents**: Due to Emancipation Day, deadline extended to April 17, 2024 ## Filing Options and Requirements ### Filing Status Options 1. Single 2. Married Filing Jointly 3. Married Filing Separately 4. Head of Household 5. Qualifying Widow(er) ### Filing Methods 1. **E-filing**: Recommended by the IRS for faster processing and quicker refunds 2. **Paper Filing**: Must be postmarked by the deadline 3. **Tax Software**: Popular options like TurboTax or H&R Block 4. **Professional Assistance**: Recommended for complex financial situations ## 2023 Tax Brackets (Single Filers) | Tax Rate | Taxable Income Range | |----------|---------------------| | 10% | $0 - $11,000 | | 12% | $11,001 - $44,725 | | 22% | $44,726 - $95,375 | | 24% | $95,376 - $182,100 | | 32% | $182,101 - $231,250 | | 35% | $231,251 - $578,125 | | 37% | $578,126 or more | ## Important Changes for 2023 ### Standard Deduction Increases * Single filers: $13,850 (up $900) * Married filing jointly: $27,700 (up $1,800) * Head of household: $20,800 (up $1,400) ### Tax Credits and Deductions - **Earned Income Tax Credit (EITC)**: For low-to-moderate-income workers - **Child Tax Credit**: For qualifying children - **Education Credits**: American Opportunity Credit and Lifetime Learning Credit - **Energy Tax Credits**: * Clean Vehicle Credit (up to $7,500) * Energy Efficient Home Improvement Credit * Residential Clean Energy Credit ## Payment Options * Direct payment from bank account (free) * Credit or debit card (fees apply) * [IRS payment plans](https://www.irs.gov//payments/payment-plans-installment-agreements) * Check or money order > "The earlier you file, the sooner you'll receive any refund due. The IRS typically issues refunds within 21 days for electronically filed returns." ## Avoiding Penalties - File your return on time, even if unable to pay full amount - Pay at least 90% of tax liability by April deadline - Consider IRS payment plans if unable to pay in full - Keep copies of all tax documents for at least three years ## Resources - [IRS Official Website](https://www.irs.gov/) - [IRS Free File](https://www.irs.gov//filing/free-file-do-your-federal-taxes-for-free) - [TurboTax Tax Tips](https://turbotax.intuit.com/tax-tips/) - [H&R Block Tax Information Center](https://www.hrblock.com/tax-center/) --- Remember to check state-specific deadlines and requirements, as they may differ from federal guidelines. For the most current information, visit the IRS website or consult with a qualified tax professional.

2024 Tax Filing Deadline: Key Dates and Information

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