Tax Refund Schedule
Married Filing Jointly
Whether you’re married filing jointly or filing as single you know the tax rate goes between ten percent and thirty five percent.
If you’re married filing jointly and want to pay a tax rate of ten percent then you will have to keep your income between $0 and $16,700.
If you would like to keep your tax rate at fifteen percent then you will have to keep your income between $16,700 and $67,900. If you make $67,900 or up to $137,050 then you will pay a tax rate of twenty five percent. On and on it goes up to thirty five percent with an income over $372,950.
Single Filing Status
For most taxpayers filing with a single filing status you can expect to pay a tax rate of ten percent if your income is between $0 and $8,350.
You will pay a tax rate of thirty three percent if your income is between $171,550 and $372,950. If your income is $372,950 or higher you can expect o pay a tax rate of thirty five percent.
New Tax Refund Schedule
The new tax refund schedule is listed online for a ballpark idea of when to expect your refund. There is, however, a way to get an accurate date so you’ll know for sure.
You may be thinking about that new furniture you’re going to buy or perhaps you’re going to lower your credit card debt. The IRS has a “Where’s My Refund?” tool you can use to track the progress of your refund.
Once the IRS acknowledges receipt of your e-filed return, you can usually get information within 72 hours or three to four weeks after sending in a paper return.
Information you will need from your tax return:
•Your Social Security Number (or Individual Taxpayer Identification Number)
•Your Filing Status
•The Exact Whole Dollar Amount of your Refund
With this information you can find out when to expect your tax refund. Unfortunately, As most of us know, life is not always simple. Refund checks can be lost, stolen, or destroyed. If this has happened to you, you can generally be sent a replacement check if it has been at least 28 days after your check was sent. You will have to file a claim to start the process of having a refund re-issued.
Changes in Federal Income Tax Schedule
Every year the federal income tax schedule will change to keep up with the times. In our economy today changes are hitting us like the speed of light. I don’t know about you but, I don’t have the time to keep up with the recent tax changes.
If you would like the assurance and peace of mind knowing your federal income tax return is in compliance with current tax laws then I suggest you trust the Tax Experts at TurboTax Online. Top companies that we know and trust have given them the #1Rating. Visit Turbo Tax today to guarantee an accurate, error free tax return!
