FINANCE
Tax deadlines you need to be aware of in 2024
Tax season is well underway and this least will keep you abreast of all the important upcoming dates before the deadline.
29 January kicked-off the official beginning of the 2023 tax filing season. Filers are having nearly three full months for which to file their taxes with the deadline on 15 April. However, it is not worth leaving it late as the sooner you file your taxes, the sooner the IRS can process your refund, if that is what you are owed.
Here is a list of the crucial dates you need to put in your diary for 2024. The crucial date, the closing of the filing season, has been marked in italics. Certainly one to put on the calendar.
Important dates for tax season 2024
The federal income tax brackets for 2024
The Tax Cuts and Jobs Act of 2017 set the federal tax brackets in the US until 2025.
These brackets represent the percentage of income that individuals within each bracket pay in federal income tax. State and local taxes can also apply, but they vary by location.