Written By: Anushka
Updates on the IRS Tax Credit Schedule for August-September 2024, including dates and amounts.
A tax credit reduces your income tax liability. There are general and fiscal taxpayers, each with specific tax calendars.
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.
Eligibility is key to receiving IRS tax credits. File your tax return and ensure your bank details are updated with the IRS.
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 dates: 16 Sep 2024 (third tax payment), 15 Oct 2024 (2023 tax return deadline), 15 Jan 2025 (fourth tax payment).
Online tax return refunds take about 3 weeks; direct deposit refunds take about 6 weeks.