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Thursday, November 21, 2024

The way to File Taxes for the First Time, Step-by-Step

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* Early entry to direct deposit funds depends upon the timing of the submission of the cost file from the payer. Federal tax cost information acquired from the IRS could also be acquired as much as 5 days early (based mostly on information from the 2020 tax submitting season). Chime makes no assure over when information are despatched by the IRS and funds might be made obtainable.

1 Info from IRS’s Publication 501: (2023), Dependents, Commonplace Deduction, and Submitting Info as of November 2, 2023: https://www.irs.gov/pub/irs-dft/p501–dft.pdf

2 Info from IRS’s About Kind 1099-MISC, Miscellaneous Info as of November 2, 2023: https://www.irs.gov/forms-pubs/about-form-1099-misc

3 Info from TurboTax’s Each Tax Deadline You Want To Know as of November 2, 2023: https://turbotax.intuit.com/tax-tips/tax-planning-and-checklists/important-tax-deadlines-dates/L7Rn92V1d

4 Info from IRS’s Tax Season Refund Steadily Requested Questions as of November 6, 2023: https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions

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