The 2022 tax season has arrived.The IRS has begun to accept and process the tax statements of 2021 on Monday, January 24, 17 days before the late start of the last tax season of February 12.
The Tax Agency and the United States Treasury Department warned that this year the deadline will not be extended, as happened last year, when it lasted until May 17 in order to implement the changes established by the US Rescue Plan.
Treasury and IRS officials urge taxpayers to submit their statements electronically to accelerate the process and payment of reimbursements.Taxpayers who present by postal mail will see significant delays.
Both agencies indicate that this year the processing of the statements will be 'frustrating', since the IRS still accumulates millions of forms last year due to the shortage of personnel following the pandemic.
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The Treasury Council: If you want your refund and your tax credits to reach your hands as soon as possible, then be sure to submit your tax online and register a bank account to receive the direct deposit.If you do it by postal mail and wait.
IRS estimates that about 90% of people will submit their statements electronically, it is the fastest and most safe way to receive a reimbursement.
Most reimbursements are issued in less than 21 days, but some tax statements require additional review and may take longer to be processed than others.This may be necessary when a return has errors, it is incomplete or is affected by identity or fraud robbery.
If a person believes that he may have been the victim of an identity theft, he must report 1-800-908-4490.
For more information about reimbursements and the "IRS2GO mobile application" visit https: // www.Irs.GOV/uac/Irs2goapp.
You can also visit https: // www.Irs.GOV/CRUSH/TAX-SEASON-REFUND-FREQUENTLY-ASKED-BLAKS to clarify frequent doubts.
When should my W-2 of 2021 receive?
W-2 must be sent by mail no later than January 31.According to the IRS, a 2015 law established as a permanent requirement that employers present copies of their W-2 form, salary and tax statements and form W-3, sending salaries and tax declarations, with the administration of Social Securitybefore January 31.
When is the deadline for submitting taxes in 2022?
The deadline for submitting income tax declarations of 2021 is Monday, April 18, for most people, three days after the normal deadline of April 15 to submit the tax declaration.
The subsequent date is the result of the emancipation holiday in the Columbia district.By law, Washington, D.C., holidays affect tax deadlines in the same way as federal holidays.Taxpayers living in Maine or Massachusetts have until April 19 to present due to a holiday held in those states, the day of the patriots.
The IRS has extended the deadline until May 16 for the victims of the Forest Fires of the late 2021 in Colorado, as well as for the victims of the December tornadoes in parts of Illinois, Kentucky and Tennessee.The extension applies to several declarations of individual and commercial taxes and tax payment deadlines.
What is the deadline for presenting a tax extension?
April 18 is also the deadline to request an extension, which gives taxpayers until October 17 to submit their statements by 2021.
How do I know if I describe to use the Free File tool of the IRS?
If your adjusted gross income was $ 73,000 or less in 2021, you can use free tax software to electronically prepare your tax declaration, according to the IRS online instructions for the 2021 tax season.
Taxpayers who won more can use Free File fillable forms, the electronic version of federal tax forms, to submit their online tax statements.
Keep reading for more details about the Free File tool.
When should I expect my tax refund in 2022?
The IRS anticipates that most taxpayers will receive reimbursements, as in previous years.The majority should receive them within 21 days after the electronic presentation if they choose direct deposit (and there are no problems with their statements).
The average federal refund last year was more than $ 2,800.
However, by law, IRS cannot issue reimbursements related to tax credit for labor income or additional tax credit for children before mid -February, although taxpayers may still submit their statement before that date.
These are some IRS tips to facilitate presentation and accelerate reimbursements:
- Haga su declaración de forma electrónica y solicite el depósito directo para obtener el reembolso con mayor rapidez.
- La mayoría de los estadounidenses recibieron los Pagos de Impacto Económico de forma automática, y cualquier persona que recibió la cantidad máxima no necesita incluir ninguna información sobre sus pagos cuando presente la declaración.
- Sin embargo, aquellos que no recibieron un pago o solo recibieron un pago parcial pueden reclamar el Crédito de Reembolso de Recuperación cuando presenten su declaración de impuestos de 2021.
- El software de preparación de impuestos Free File del IRS puede ayudar a los contribuyentes a calcular la cantidad.
- Los pagos del Crédito Tributario por Hijos recibidos durante 2021 no están sujetos a impuestos y no reducen el reembolso del contribuyente cuando se presentan en 2022.
The IRS states that it will issue nine out of 10 reimbursements within 21 days after acceptance with electronic presentation and direct deposit.
Free platform to prepare and submit tax statements
The IRS offers the Free File tool for free tax declaration.Note that only taxpayers whose adjusted gross income (or AGI) is $ 72,000 or less have access to the portal.
The agency made improvements to the Free File program, which allows taxpayers to comply with the revenue limit to submit their statements for free.The online free software program is accessible only through IRS.GOV.Taxpayers can visit www.Irs.GOV/freefile para más información.
Free File del IRS is a platform created by the IRS and a non -profit organization called Free File Alliance.The tool offers access to free tax preparation software of 10 taxes for preparation, including the main brands.You must have less than $ 72,000 of adjusted gross income to qualify for free file of the IRS (the IRS estimates that 70% of all taxpayers meet the criteria).
Free File's suppliers of IRS include services such as Intuit (administers Turbotax), Taxact and Taxslayer.
You should only provide basic information about you and the place where you live, and Free File of the IRS will connect it with free tax preparation software.However, according to the supplier, it is possible that he is charged for his state statement.
According to IRS, more than 20 states also have state programs by Free File, in accordance with the Federal Patron, which means free tax preparation for your state statement.
Those states are: Arkansas, Arizona, Georgia, Idaho, Indiana, Iowa, Kentucky, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Mountain, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Carolina, South Carolina,Vermont, Virginia and West Virginia, together with the Columbia district.
In addition, even if their income exceeds the limit, Free File of the IRS provides all access to electronic versions fillable of the IRS forms, although with little orientation.
Open here for more details.
Tax credit for children
If you received advanced payments from the Tax Credit for children, that amount was based on its last tax declaration submitted (for most people, that would be their tax declaration of 2020), as well as in children who meet the criteria and theChildren's ages.If any of its qualification details changed in 2021, they could change the amount for which it qualifies, and must account for those changes when you present your tax declaration this year.
Before the tax season begins, you must receive a letter from the IRS that details how much money received in advance in the payments of the tax credit for children and the number of qualified children that the IRS counted to determine the amount for which it qualifies.You or your tax coach can use this letter to determine how much of the tax credit for children still owes the IRS when your statement presents.
In case of move
If you moved this year, remember to update your address on the tax credit update portal for children to ensure your letter before the tax date.If you missed your letter, you can also find your information starting session in the portal.
Tax credit for children is not a new benefit;only temporarily expanded for 2021.Previously, the credit allowed parents to claim up to $ 2,000 per child under 17 years.For taxes of 2021, parents can claim up to $ 3,000 for each child between 6 and 17 years and $ 3,600 for minor children 6.But these amounts begin to decrease once it reaches certain income thresholds.
If he received payments in advance in 2021, these payments represented half of the amount for which he qualifies according to his latest tax declaration.In general, the remaining amount of tax credit for children that will claim when you present your 2021 taxes must be the second half.
Because the advanced payments of the Tax Credit by children were based on their most recent tax declaration, it is possible that the money he received must reconcile and for what he really qualifies based on his real situation in 2021.For example, perhaps his marital status or income changed in 2021, or his son remained in another residence for more than half of the year.You may also have chosen not to receive payments in advance, which means you will receive the total amount with your tax declaration.
What happens to parents who did not receive advanced payments of the tax credit for children?
During the six months in which the IRS sent payments in advance, some payments were not made due to incorrect bank information, an incorrect address or because the family did not qualify according to their last tax declaration submitted.
You can use the Tax Credit update portal for children to see your previous payments and verify your personal information.
If the IRS did not issue a payment that is owed to it, you can reconcile the amount when you present your tax declaration of 2021.If the IRS sent a payment that he never received, he can submit form 3911 to get help from the IRS to track the payment.
What you should know about the fiscal credit for children by 2022
The tax credit for children expanded beat at the end of 2021, so from now on families will not receive any monthly payment of the tax credit for children in 2022.That means that you will not get extra money on your account on the 15th of each month.
If you used these payments for the care of children or other expenses, it may make sense to start planning how it will budge without fiscal credit.
Even without an extension of the new changes in 2021, parents in 2022 can still receive tax credit for original children when they submit their statement in 2023.
That means that by 2022, the amount of the credit will once again be $ 2,000 per child under 17 years.But without the extended credit, it is possible that the tax credit for children is not totally reimbursable and requires that parents reach a minimum threshold of work income to qualify.
Present taxes
The IRS issues individual taxpayer identification numbers (ITIN) to people who do not have or meet the criteria for a Social Security number (SSN).
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ITIN is used instead of a SSN in a tax declaration to identify you, your spouse or dependent without a SSN, in the tax declaration.For example, if you are an immigrant who requested a legal status to work or reside in the country, you will need an iTin to submit a tax declaration while waiting for a decision.
The tax declaration can serve as a “good moral character” proof in immigration cases and could be useful for its immigration case if you can adjust your status in the future.
To submit a tax declaration, you must enter your ITIN in the space for the SSN in the tax form, complete the rest of the declaration and send the tax declaration (together with any additional form) to the IRS.
If you have an iTin that was issued before 2013, you should have received an IRS notice to renew it.If you have not used your ITIN in a federal tax declaration in the last three years (2017-2019), you must renew it.For more information, visit IRS ITIN renovations.
Can I claim fiscal loans with an iTin?
Yes.There are some tax credits that you can claim with an iTin.
- Crédito Tributario por Hijos (CTC)Este beneficio fiscal tiene un valor de hasta $3,000 por niño, pero solo puede reclamarlo si sus hijos tienen un números de Seguro Social. Usted y su cónyuge (si está casado) pueden tener un ITIN o SSN.
To claim the CTC, you will enter your ITIN and your children's SSN in Annex 8812 "Tax Credit for Children".Children who qualify for the CTC must be American or foreigners resident citizens who live in the country for more than six months.
While children with ITIN live in Mexico or Canada can be dependent for tax declaration purposes, they cannot be claimed for the CTC.
Note: SSN's requirement for children will expire in 2026.Unless a law is promulgated, the CTC standards will return to the previous ones: the credit will have a value of up to $ 1,000 per child, and you, your spouse and your qualified son can have an SSN or ITIN to claim the CTC using the annex8812.
- Crédito por Otros Dependientes (COD)Un crédito no reembolsable de $500 está disponible para familias con parientes calificados. Esto incluye niños mayores de 17 años y niños con un ITIN. Además, los familiares calificados que se consideran dependientes para efectos fiscales (como los padres dependientes) pueden reclamar este crédito. Dado que este crédito no es reembolsable, solo puede ayudar a reducir los impuestos adeudados. Si cumple los criterios tanto para este crédito como para el CTC, este se aplicará primero para reducir su ingreso imponible.
- Crédito de reembolso de recuperación (RRC)Si no recibió su último cheque de estímulo, aún puede reclamarlos como RRC cuando presente una declaración de impuestos de 2021 en 2022.
- Crédito para el cuidado de niños y dependientes (CDCTC)El Crédito para el cuidado de niños y dependientes es un beneficio fiscal federal que puede ayudarlo a pagar los gastos de cuidado de niños o adultos que se necesitan para trabajar o buscar trabajo. Este crédito no reembolsable vale hasta $1,050 para un dependiente o hasta $2,100 para dos o más dependientes.
The American rescue plan temporarily expanded the credit for fiscal year 2021 (for which you declare taxes in 2022).The expansion makes the tax credit reimbursable and almost quadruple the value up to $ 4,000 for a dependent and up to $ 8,000 for two or more dependent.
- Crédito fiscal de oportunidad estadounidense (AOTC)Este crédito tiene un valor de hasta $2,500 y puede ayudar a reducir los gastos educativos para asistir a la universidad. El crédito solo está disponible para los primeros cuatro años de educación postsecundaria del estudiante.
How do I request an iTin?
If you want to submit a tax declaration but you cannot obtain a valid SSN, you must complete the W-7 form of the IRS, "application for the identification number of the individual taxpayer of the IRS".The W-7 form must be sent to the IRS with a complete tax declaration and documents that verify the foreign identity and state.You will need original documents or certified copies of the issuing agencies.The instructions for form W-7 describe what documents are acceptable.
Parents or guardians can complete and sign a W-7 form for a dependent under 18 if the dependent cannot do so, and must mark the father or guardian box in the application area of the application.Dependents over 18 and spouses must complete and sign their own W-7 forms.
Here we explain more.
What happens if I don't have a immigration status that authorizes me to live in the country?
Many people who are not authorized to live in the United States are concerned that the tax declaration will increase their exposure to government, for fear that this may result in deportation.
If you already have an iTin, then IRS has your information, unless you have recently moved.Its exposure is not increasing when renewing an iTin or declare taxes with an iTin.
The current law prohibits IRS. Por ejemplo, la información de la declaración de impuestos puede, en ciertos casos, compartIrse con agencias estatales responsables de la administración tributaria o con agencias de aplicación de la ley para la investigación y enjuiciamiento de leyes penales no tributarias.Protections against information dissemination are established in the law, so they cannot be terminated by a presidential executive order or other administrative action unless Congress changes the law.
Knowing the potential risks and benefits involved, only proceed with an ITIN request or a tax declaration if you feel comfortable.
Consult an immigration lawyer if you have any concerns.
Track your federal and state refund
A taxpayer who presents the federal tax declaration can verify the status of his reimbursement through the Spanish tool. Where is my reimbursement?of the IRS;However, each State has its own process to handle state income taxes.
The IRS delays in general 21 days to process an electronic declaration, but the states may take about 30 days or more.Each entity has an online system that allows the taxpayer to verify the status of its reimbursement.
The taxpayer must take into account that each State uses a system other than the federal and that of other entities to inform taxpayers about their declaration.However, in general, there are two primary data that you will need to verify your reimbursement.
The first is Social Security (SSN) or the identification number of individual taxpayer (ITIN).If you submit a joint statement, you must register the identification number that appears first in the declaration.
Almost all states will also require the exact amount of refund.Some states will ask the taxpayer to round the number to the closest amount, but some states, such as Vermont, require the exact amount.
Other states may also require the date of birth, the year of declaration, marital status and even the postal code.
Here you will find a list of states ordered by alphabetical order with the link to the interface to verify the status of the reimbursement.
Note that Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming do not have a state income tax.In addition, New Hampshire and Tennessee do not tax regular salaries and income, but some dividends and investments income tax.
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
North Carolina
South Carolina
Delaware
Columbia district (D.C.)
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Mountain
Nebraska
New Jersey
New Mexico
New York
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
Tennessee
Tennessee residents do not pay income tax on their income and salaries.The tax only applies to interest and dividends income, and only if it exceeds $ 1,250 ($ 2,500 for joint taxpayers).A refund for this Income Tax is unlikely.
Utah
Vermont
Virginia
W.V.
Wisconsin
Will the unemployment benefits come with a tax exemption in 2022?
Unlike last year, there is no special tax exemption for up to $ 10,200 of unemployment benefits.The temporary fiscal exemption was applied only for those with modified adjusted gross income of less than $ 150,000 in 2020 and those who also received unemployment benefits last year.
This year, the unemployment benefits received in 2021 will be subject to taxes in the Federal Income Tax Declaration of 2021.
Visit our Financial Aid and Benefits section, with updated information about Tax Credits, Fiscal Calendar 2022 and other tools for tax season 2022.