AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Turbotax tax filing12/19/2023 What are the 2023 tax law changes and the tax implications? While for heads of households, the standard deduction will be $20,800, up $1,400. The standard deduction is adjusted for inflation every year, and for single taxpayers (and married individuals filing separately), the standard deduction increased $900 from the previous year and rose to $13,850 ($27,700 for those married filing jointly). What is the standard deduction for 2023 tax re turns? People who live in areas that were affected by natural disasters may also have later deadlines. The deadline for filing your 2023 is midnight on Monday, April 15, 2024, unless you file for an extension. When is the deadline for filing my 2023 tax return? The IRS typically opens for the season in January, but TurboTax will be accepting returns and ready to help you prepare your tax return in early January! Check back with the TurboTax blog for updates on the IRS e-file open announcement. When can I file my 2023 tax return? (the taxes you file in 2024) Once we have those out of the way, we can dig into some tax law changes, adjustments, and key things you need to know to help you easily file your taxes. If you have questions, you can meet with a TurboTax Live Full Service tax expert who can prepare your taxes in a day and, in some cases, within an hour.įirst, let’s get some basics out of the way, like when you can file your return, when is the filing deadline for your 2023 tax return, and what the standard deduction is for this year. You also don’t need to remember all of this when you file your tax returns. We are here to break down the key tax law changes and what you need to know to help you understand the impacts to your taxes and guide you as you get ready for this upcoming tax season. This upcoming tax season, there are changes to tax laws or adjustments to key amounts that may impact your federal tax return.
0 Comments
Read More
Leave a Reply. |