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Track Your Refund

When will you receive your refund? The answer depends on how you filed your return. The IRS should issue your refund check within six to eight weeks of filing a paper return. If you chose to receive your refund through direct deposit, you should receive it within a week or so. If you use e-file, your refund should be issued between two and three weeks. You can check on the status of your refund by clicking on the links below.

Check your Federal Refund... click here https://sa.www4.irs.gov/wmr/

Typical Tax Due Dates

May 2024 : -

10 - May :-

Individuals - Report April tip income of $20 or more to employers (Form 4070).

10 - May :-

15 - May :-

Employers - Report Social Security and Medicare taxes and income tax withholding for first quarter 2024 (Form 941) if all associated taxes due were deposited on time and in full.

Employers - Deposit Social Security, Medicare and withheld income taxes for April if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for April if the monthly deposit rule applies.

Calendar-year exempt organizations - File a 2023 information return (Form 990, Form 990-EZ or Form 990-PF) or file for an automatic six-month extension (Form 8868). Pay any tax due.

Calendar-year small exempt organizations (with gross receipts normally of $50,000 or less - File a 2023 e-Postcard (Form 990-N) if not filing Form 990 or Form 990-EZ.

June 2024 : -

10 - Jun :-

17 - Jun :-

Individuals - Report May tip income of $20 or more to employers (Form 4070).

Individuals - File a 2023 individual income tax return (Form 1040 or Form 1040-SR) or file for a four-month extension (Form 4868) if you live outside the United States and Puerto Rico or you serve in the military outside those two locations. Pay any tax, interest and penalties due.

Individuals - Pay the second installment of 2024 estimated taxes (Form 1040-ES) if not paying income tax through withholding or not paying sufficient income tax through withholding.

Calendar-year corporations - Pay the second installment of 2024 estimated income taxes, completing Form 1120-W for the corporation’s records

Employers - Deposit Social Security, Medicare and withheld income taxes for May if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for May if the monthly deposit rule applies.

July 2024 : -

10 - Jul :-

15 - Jul :-

31 - Jul :-

Individuals - Report June tip income of $20 or more to employers (Form 4070).

Employers - Deposit Social Security, Medicare and withheld income taxes for June if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for June if the monthly deposit rule applies.

Employers - Report Social Security and Medicare taxes and income tax withholding for second quarter 2024 (Form 941) and pay any tax due if all of the associated taxes due weren’t deposited on time and in full.

Employers - File a 2023 calendar-year retirement plan report (Form 5500 or Form 5500-EZ) or request an extension.

August 2024 : -

12 - Aug :-

15 - Aug :-

Individuals - Report July tip income of $20 or more to employers (Form 4070).

Employers - Report Social Security and Medicare taxes and income tax withholding for second quarter 2024 (Form 941), if all associated taxes due were deposited on time and in full.

Employers - Deposit Social Security, Medicare and withheld income taxes for July if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for July if the monthly deposit rule applies.

September 2024 : -

10 - Sep :-

16 - Sep :-

30 - Sep :-

Individuals - Report August tip income of $20 or more to employers (Form 4070).

Individuals - Pay the third installment of 2024 estimated taxes (Form 1040-ES), if not paying income tax through withholding or not paying sufficient income tax through withholding.

Calendar-year corporations - Pay the third installment of 2024 estimated income taxes, completing Form 1120-W for the corporation’s records.

Calendar-year S corporations - File a 2023 income tax return (Form 1120-S) and provide each shareholder with a copy of Schedule K-1 (Form 1120S) or a substitute Schedule K-1 if an automatic six-month extension was filed. Pay any tax, interest and penalties due.

Calendar-year S corporations - Make contributions for 2023 to certain employer-sponsored retirement plans if an automatic six-month extension was filed.

Calendar-year partnerships - File a 2023 income tax return (Form 1065 or Form 1065-B) and provide each partner with a copy of Schedule K1 (Form 1065) or a substitute Schedule K1 if an automatic six-month extension was filed.

Employers - Deposit Social Security, Medicare and withheld income taxes for November if the monthly deposit rule applies.

Employers - Deposit Social Security, Medicare and withheld income taxes for August if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for August if the monthly deposit rule applies.

Calendar-year trusts and estates - File a 2023 income tax return (Form 1041) if an automatic five-and-a-half-month extension was filed. Pay any tax, interest and penalties due.

October 2024 : -

10 - Oct :-

15 - Oct :-

31 - Oct :-

Individuals - Report October tip income of $20 or more to employers (Form 4070).

Individuals - Report September tip income of $20 or more to employers (Form 4070).

Individuals - File a 2023 income tax return (Form 1040 or Form 1040-SR) if an automatic six-month extension was filed (or if an automatic four-month extension was filed by a taxpayer living outside the United States and Puerto Rico). Pay any tax, interest and penalties due.

Individuals - Make contributions for 2023 to certain existing retirement plans or establish and contribute to a SEP for 2023 if an automatic six-month extension was filed.

Individuals - File a 2023 gift tax return (Form 709) and pay any tax, interest and penalties due if an automatic six-month extension was filed.

Calendar-year exempt organizations - File a 2023 information return (Form 990, Form 990-EZ or Form 990-PF) if a six-month extension was filed. Pay any tax, interest and penalties due.

Calendar-year bankruptcy estates - File a 2023 income tax return (Form 1041) if an automatic six-month extension was filed. Pay any tax, interest and penalties due.

Calendar-year C corporations - File a 2023 income tax return (Form 1120) if an automatic six-month extension was filed. Pay any tax, interest and penalties due.

Calendar-year C corporations - Make contributions for 2023 to certain employer-sponsored retirement plans if an automatic six-month extension was filed.

Employers - Deposit Social Security, Medicare and withheld income taxes for September if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for September if the monthly deposit rule applies.

Employers - Report Social Security and Medicare taxes and income tax withholding for third quarter 2024 (Form 941) and pay any tax due if all of the associated taxes due weren’t deposited on time and in full.

November 2024 : -

12 - Nov :-

15 - Nov :-

Employers - Report Social Security and Medicare taxes and income tax withholding for third quarter 2024 (Form 941) if all of the associated taxes due were deposited on time and in full.

Employers - Deposit Social Security, Medicare and withheld income taxes for October if the monthly deposit rule applies.

Employers - Deposit nonpayroll withheld income tax for October if the monthly deposit rule applies.

December 2024 : -

10 - Dec :-

16 - Dec :-

Individuals - Report November tip income of $20 or more to employers (Form 4070).

Calendar-year corporations - Pay the fourth installment of 2024 estimated income taxes, completing Form 1120-W for the corporation’s records.

Employers - Deposit nonpayroll withheld income tax for November if the monthly deposit rule applies.

IRS Tax Rates

2024 Tax Rates - Single Taxpayers Standard Deduction $14,600

2023 Rates

10%

12%

22%

24%

32%

35%

37%

0 to $11,600

$11,600 to $47,150

$47,150 to $100,525

$100,525 to $191,950

$191,950 to $243,725

$243,725 to $609,350

Over $609,350

2024 Tax Rates - Married Jointly & Surviving Spouses - Standard Deduction $29,200

0 to $23,200

10%

12%

$23,201 to $94,300

22%

$94,301 to $201,050

24%

$201,051 to $383,900

32%

35%

37%

$383,901 to $487,450

$487,451 to $731,200

Over $731,200

2024 Tax Rates - Married Filing Separately - Standard Deduction $14,600

10%

12%

24%

32%

35%

37%

0 to $11,600

$11,600 to $47,150

$47,150 to $100,525

$100,525 to $191,950

22%

$191,950 to $243,725

$243,725 to $365,600

Over $365,600

10%

12%

24%

32%

35%

37%

22%

2024 Tax Rates - Head of Household - Standard Deduction $21,900

0 to $16,550

$16,550 to $63,100

$63,100 to $100,500

$100,500 to $191,950

$243,725 to $609,350

$191,950 to $243,725

Over $609,350

10%

24%

35%

37%

2024 Tax Rates - Estates & Trusts

0 to $3,100

$3,100 to $11,150

$11,150 to $15,200

Over $15,200

Social Security

2024 Tax Rates

Social Security Tax Rate: Employers

6.20%

Social Security Tax Rate: Employees

6.20%

Social Security Tax Rate: Self-Employed

6.20%

Maximum earnings subject to Social Security tax

$168,600

Maximum earnings subject to Medicare tax

Unlimited

Medicare Tax Rate: Employers

1.45%

Medicare Tax Rate: Employees

1.45%

Medicare tax rate: Self-employed

2.90%

Additional Medicare tax on FICA wages and self-employment income above $200,000 (single filers) or $250,000 (joint filers)

2.90%

Net investment income tax on taxpayers with modified adjusted gross income (MAGI) exceeding $200,000 (single filers) or $250,000 (joint filers)

3.80%

Miscellaneous

2024 Tax Rates

Business Section 179 expensing limit

$1,220,000

Business Section 179 phaseout threshold

First-year bonus depreciation rate

Income threshold after which the Section 199A (qualified business income) deduction for pass-through entities may begin to phase out

Qualified small-employer Health Reimbursement Arrangement limit

Prior-year safe harbor for estimated taxes of higher-income taxpayers driving

Standard mileage rate for business driving

Standard mileage rate for medical driving

Standard mileage rate for moving driving (only members of the Armed Forces on active duty who move because of a permanent change of station)

Child Tax Credit (per child under age 17 at the end of the tax year)

Standard mileage rate for charitable driving

60%

$191,950 (single and head of household); $383,900 (married filing jointly)

$6,150 (single coverage); $12,450 (family coverage)

110% of 2023 tax liability

67 cents

21 cents

$3,050,000

14 cents

$2,000

$1,300

Unearned income maximum for children under 19 before kiddie tax applies

Maximum capital gains tax rate for taxpayers with income up to $47,025 for single filers, $ 94,050 for married filing jointly

Maximum capital gains tax rate for taxpayers with income $47,025 to $518,900 for single filers, $94,050 to $583,750 for married filing jointly

Maximum capital gains tax rate for taxpayers with income above $518,900 for single filers, $583,750 for married filing jointly

Maximum contribution for Traditional/Roth IRA

Capital gains tax rate for unrecaptured Sec. 1250 gains

Capital gains tax rate on collectibles

15%

20%

$6,500 if under age 50

$7,500 if 50 or older

25%

28%

$7,000 if under age 50/$8,000 if 50 or older

$16,000 if under age 50/$19,500 if 50 or older

Maximum contribution for Traditional/Roth IRA

Maximum employee contribution to SIMPLE IRA

Maximum contribution to SEP IRA

Standard Meal Rates for Family Child Care Providers for income tax returns

25% of eligible compensation up to $69,000

$2.12

Education

2024 Tax Rates

Continental U.S.

2023-24 Tax Rates (July 1, 2023-June 30, 2024)

American Opportunity Credit (per student)

Lifetime Learning Credit (per return)

Student Loan Interest Deduction (per return)

Coverdell Education Savings Account Contribution (per student)

$2,500

$2,000

$2,500

$2,000

For each breakfast

For each lunch or supper

For each snack (up to 3 per day for each child)

$1.65

$0.93

$3.12

For each breakfast

For each lunch or supper

For each snack (up to 3 per day for each child)

$2.63

Alaska

2023-24 Tax Rates (July 1, 2023-June 30, 2024)

For each breakfast

For each lunch or supper

For each snack (up to 3 per day for each child)

$5.05

$1.50

Hawaii

2023-24 Tax Rates (July 1, 2023-June 30, 2024)

$4.05

$1.20

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