Monday, September 25, 2023

The IRS warns about the last deadline for paying taxes in the United States

United States citizens are notified by the Internal Revenue Service (IRS) to pay estimated taxes. This treasury contribution corresponds to the quarter from July to September and the final deadline is the 15th of the current month.

Among the taxpayers with these obligations, there are people involved in shared businesses, independent workers, pensioners and entrepreneurs who own shares in companies. North Americans making this contribution show a sworn declaration with a number starting at $1,000.00 USD.

Another reason to fulfill the estimated duties is the existence of tax credits under 90% of what is declared for 2023. This contribution may also correspond to the same amount of money declared last year.

There are many payment options

Those interested in knowing their estimated liability should review Adjusted Gross Income (AGI), taxes, refunds and credits. Americans who need an indicator to know their taxes can be guided by the same indicators that are paid in 2022.

Users who underpay taxes or are late on their tax obligations may face penalties. People have the option to find out if they owe these taxes by checking the website.

The population has the alternative of paying by virtual means through the IRS’s own space on the Internet. This government agency offers an additional tax collection option using the Electronic Federal Tax Payment System (EFTPS). In addition, checks and money orders can be sent to the National Treasury Office.

Authorities alert residents to make tax contributions systematically throughout the year. In this way, debts that may be subject to fines are not accumulated. The payment deadline for the last quarter of 2023 is the 16th of the first month of the coming year.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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