This just in from Internal Revenue Service (IRS) <irs@service.govdelivery.com> (see web page at https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2020): The tax items for tax year 2020 of greatest interest to most taxpayers include the following dollar amounts: The standard deduction for married filing jointly rises to $24,800 for tax year 2020, up $400 from the prior year. For single taxpayers…
Tag: tax
US Year 2019 Tax Sample
Some taxes, such as Sales Tax and State Unemployment Tax were not included. They might be added later. If you were to live in Texas, there would not be a State Income tax; if you lived in Alaska the State would pay you instead of you paying State Income Tax; if you were living in…
Year 2018 Tax Returns Statistics Now Available for public review
Tax Year 2018 tax statistics data is now available from IRS. The data represent approximately 95 percent of all individual income tax returns that the IRS will process in Calendar Year 2019 and the first tax data filed under the Tax Cuts and Jobs Act.
How to Get Prior-Year Tax Information
advice on how to get your prior year tax filings
Tax Information 2018
Through April 6, the IRS has processed more than 101 million tax returns and issued more than 79.1 million tax refunds totaling $226.6 billion. The average refund to date is $2,864.