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Showing content with the highest reputation on 06/09/2025 in Posts
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" The first nattional income tax in the United States was enacted in 1862 to help finance the war. It started as a 3% tax on incomes over $600 and 5% on incomes over $10,000. These rates were later increased, and the ceiling for the lower tax rate was lowered in 1864. " The Grant Administration repealed these taxes in 18722 points
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Thank you, Abby, for the great reminder. The IRS must RECEIVE the amendment by 10/13/2025. I've been forgetting that lately with e-filing. If you have to paper file, between the USPS and the IRS brokenness, who knows when the IRS will receive any given piece of mail !!!1 point
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There is no mailbox rule for amended returns. The return must be received by the IRS by 10/13/2025. Fortunately, efiling makes that easier.1 point