Believe it or not, something as simple as your filing status determines your filing requirements, standard deduction, tax credit eligibility, and your overall tax. Each tax year has a standard deduction based off of your filing status which is adjusted annually due to inflation. There are five filing statuses: Single: If you are unmarried and […]
You can electronically file your tax return for the current tax year and two prior tax years. You are required to paper file tax returns that are older than two prior tax years. The cut off date for e-filing your tax return is the e-file and extension deadline: October 15 per tax year, or when […]
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