WebJan 26, 2024 · Enter $0 as your prior-year AGI if your 2024 tax return still hasn’t been processed. Even if you know you had income in 2024, put $0 in the prior-year AGI box when you file. That way, the IRS can process your tax return without waiting on your 2024 one to officially be accepted. WebJan 8, 2024 · For calendar year 2024, the underpayment penalty is 5%, compounded monthly. For calendar year 2024, the underpayment penalty is 7%, compounded monthly. If your 2024 tax liability was $1,000 or more, you should refer to Form 2210ME, Underpayment of Estimated Tax by Individuals. Revised: February 6, 2024.
Solved: Can I efile 2024 tax return without 2024 AGI? Due to ... - Intuit
WebJan 26, 2024 · Enter $0 as your prior-year AGI if your 2024 tax return still hasn’t been processed. Even if you know you had income in 2024, put $0 in the prior-year AGI box … WebJan 13, 2024 · Note: If you didn't file last year and you’re in TurboTax, just make sure to indicate that when asked. If you've already entered a number for your AGI, manually enter “ 0 ” instead. Still having trouble? Call the IRS at 1-800-829-1040 between 7AM to 7PM local time, or make an appointment at a local IRS office. Was this helpful? cynthia parker root
2024 Tax Day: Filing for a Tax Extension? Here’s How That Works, …
WebOct 25, 2024 · For example, let’s say you’re a U.S. citizen married to a Canadian citizen who doesn’t work. If you chose to file separately you would only get a standard deduction of $12,200 on your U.S. taxes. However, if you treat your nonresident alien spouse as a resident and filed jointly, you would get the standard $24,400 deduction for married ... WebOct 18, 2024 · E-file with direct deposit is the fastest way to get your tax refund. The IRS states they will issue nine out of 10 tax refunds within 21 days or less from acceptance. TurboTax is available for e-file until October 17 when the IRS closes e-file for the 2024 tax year. Pay Any Taxes Owed WebDec 1, 2024 · The IRS doesn’t automatically keep tax refunds simply because you didn’t file a tax return in a previous year. However, in some cases the IRS may keep your refund if you have not filed a prior-year return and it appears that you’ll owe money when you do. biltmore ballroom atlanta wedding