So you've filed your tax return and now you're wondering, "When will I get my refund?" If you e-filed your return, you can go to IRS.gov/refund after 24 hours to check on its status using the "Where's My Refund?" tool. You can also use the IRS2Go mobile app. It usually takes 21 days to get your [...]
This article was published by the IRS. The Coronavirus Aid, Relief, and Economic Security Act allowed self-employed individuals and household employers to defer the payment of certain Social Security taxes on their Form 1040 for tax year 2020 over the next two years. Half of the deferred Social Security tax was due by December 31, 2021, [...]
The 2021 recovery rebate credit was paid in advance to most people as the third round of economic impact payments. People who are eligible and received less than the full amounts may claim an additional amount as the recovery rebate credit and must file a 2021 tax return to claim it, even if they don't usually [...]
This article was published by the IRS. A new tax season has arrived. The IRS reminds taxpayers receiving Social Security benefits that they may have to pay federal income tax on a portion of those benefits. Social Security benefits include monthly retirement, survivor, and disability benefits. They don't include supplemental security income payments, which aren't taxable. [...]
If you owe taxes but can't pay in full by the April deadline, you should file your tax return anyway. Pay as much as you can and request an installment agreement for the rest. That's because an extension of time to file is not an extension of time to pay. However, if you need more time [...]
