February 6, 2023|Tax Day
In most years, federal income taxes are due by April 15.
This year is different. April 15 , 2023, falls on a Saturday. Monday, April 18, 2023, is a holiday in Washington, DC.
This year’s Tax Day is Tuesday, April 18, 2023.
Most folks file their taxes much earlier.
Why is Tax Day important.? Some personal income taxes may be dischargeable in bankruptcy after Tax Day.
2018 federal income debts can only be dischargeable once Tax Day has passed: April 19, 2023.
I have a video and a blog on discharging income in bankruptcy.
https://thebillslayer.com/vlog/f/can-i-discharge-taxes-in-bankruptcy
DO I HAVE TO FILE AN INCOME TAX RETURN?
People often say they don’t make much money, so do I have to file an Income Tax return?
If you are not sure, look for IRS Publication 501
You can find it at
Are Social Security or Unemployment benefits subject to federal income tax?
The answer is “Yes.”
Where to Get Your Taxes Done for Free
https://www.wsj.com/buyside/personal-finance/where-can-i-file-my-taxes-for-free-
01674311158?mod=wsj_hp_buyside_pos2&fbclid=IwAR1X_0CfZUcWElwlV2I_3-
2oFJjNquWofyAXftMKBcR6NPLskXiK3Ed8yiI
If you find this helpful, share this email with our friends and family.