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Liberty Tax Updates
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IRS EXTENDED TAX BENEFITS
More taxpayers will be receiving Form 1099-K
Change is effective Jan. 1, 2022. All third-party payment platforms are required to issue Forms 1099-K when payments to merchants for goods and services exceed $600.
What is reported on a 1099-K? If you accepted $600 or more in 2022:
by payment cards for good and services, you will receive one Form 1099-K for the total amount of the payments from each payment card from a third-party payment app, you will receive one Form 1099-K from that organization for the total amount.
December 19, 2022
2023 IMPORTANT DATES
2023 Important Dates
January 2023 - 2022 Tax season begins.
January 16, 2023 - 4th • Quarter 2022 estimated tax payment due.
January 31, 2023 - Due date for employers to send W-2 forms.
January 31, 2023 - Due date for employers to send W-2 forms.
April 3, 2023 - Required minimum distribution due if you turned 72 in 2022.
December 19, 2022
TAX FILING DEADLINE
TO BE ANNOUNCED...
December 19, 2022
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