IRS Tax Credit Schedule Aug-Sep 2024: Dates & Amounts

Written By: Anushka

Tax Credit

Updates on the IRS Tax Credit Schedule for August-September 2024, including dates and amounts.

Tax Credit Overview

A tax credit reduces your income tax liability. There are general and fiscal taxpayers, each with specific tax calendars.

Quarterly Calendar

The tax calendar is divided into quarters: Q1 (Jan-Mar), Q2 (Apr-Jun), Q3 (Jul-Sep), Q4 (Oct-Dec). Fiscal taxpayers may adjust the calendar.

Receiving Credit

Eligibility is key to receiving IRS tax credits. File your tax return and ensure your bank details are updated with the IRS.

Important Dates

Notable dates: 16 Jan 2024 (2023 tax payment due), 29 Jan 2024 (2023 tax returns), 15 Apr 2024 (first 2024 tax payment), 17 Jul 2024 (second payment).

Upcoming Deadlines

Upcoming dates: 16 Sep 2024 (third tax payment), 15 Oct 2024 (2023 tax return deadline), 15 Jan 2025 (fourth tax payment).

Refund Timeline

Online tax return refunds take about 3 weeks; direct deposit refunds take about 6 weeks.

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