Generally, distributions from your HSA for qualified medical expenses are tax-free, while HSA distributions used for other purposes are subject to an additional 20% tax penalty. If you are 65 or ...
The IRS has announced that the 2025 tax season will officially kick off on January 27. Taxpayers can begin filing their 2024 ...
The IRS often begins accepting and processing tax returns in late January. The official date is expected to be announced the ...
Many Illinois residents will be able to use the IRS Direct File service to electronically prepare and file their 2024 federal ...
The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...
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Tips for using the IRS Free File system
As tax season kicks off in late January, the IRS offers a guided software solution known as Free File. Available from January ...