Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

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The federal tax rates themselves haven’t changed from 2023 to 2024, since they’re not impacted by inflation from one year to the next. For both years, the seven federal tax rates are 10%, 12% ...

An announcement from the IRS reads, “The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023.

The AMT exemption amount for tax year 2024 increased to $85,700 and starts to phase out at $609,350, up $4,400 and $31,200 compared with tax year 2023, respectively.

The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in ...

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Here's what you need to know about qualifying for your 2024 taxes. Tax credit per child for 2024 The maximum tax credit per qualifying child is $2,000 for children under 17.

Like IRAs, HSAs let you contribute up until tax day for any given year, so you can fund your HSA for 2024 until April 15, 2025. Unused HSA funds roll over from year to year, even if you change ...

Most 2024 tax strategies must be completed by Dec. 31, so there’s limited time to make last-minute moves. After a strong year for the stock market, many investors won’t have tax-loss ...

The IRS adjusted tax brackets higher by 2.8% for the 2025 tax year. This is the smallest inflation adjustment in at least ...