Top 10 Frequently Asked Tax Questions Answered
Tax season can be confusing, but knowing the answers to the most common tax questions can help you file with confidence. Here are the top 10 FAQs that taxpayers ask every year.
1. When Are Taxes Due in 2025?
📌 April 15, 2025 – The federal tax deadline for filing your 2024 tax return.
📌 October 15, 2025 – If you file for an extension (Form 4868).
🔗 Related: Important IRS Deadlines & Filing Dates
2. Do I Need to File a Tax Return?
✅ If you earned over $13,850 (Single) or $27,700 (Married Filing Jointly) in 2024, you must file.
✅ If self-employed and made over $400, you must file.
✅ If taxes were withheld from your paycheck, you should file to get a refund.
🔗 Related: What Documents Do You Need to File Your Taxes?
3. How Can I Check My IRS Refund Status?
✅ Use the Where’s My Refund? tool.
✅ Refunds typically arrive within 21 days if you e-file with direct deposit.
🔗 Related: How to Check Your IRS Refund Status
4. What’s the Difference Between a Tax Credit and a Deduction?
✅ Tax credits reduce your tax bill dollar-for-dollar (e.g., Child Tax Credit, EITC).
✅ Tax deductions reduce your taxable income (e.g., student loan interest, mortgage interest).
🔗 Related: Your Guide to Tax Credits & Deductions
5. What Is the Standard Deduction for 2024?
✅ Single: $13,850
✅ Married Filing Jointly: $27,700
✅ Head of Household: $20,800
🔗 Related: Understanding Your 1040 Tax Return
6. Can I File Taxes for Free?
✅ IRS Free File – Available for incomes under $73,000.
✅ Many tax software companies offer free federal filing for simple returns.
🔗 Related: Best Free & Affordable Tax Filing Options
7. How Do I Get a Copy of My Past Tax Return?
✅ Request a tax transcript online for free via the IRS Get Transcript tool.
✅ File Form 4506-T for tax transcripts or Form 4506 for full copies (fee required).
🔗 Related: How to Get Copies of Past Tax Returns
8. What If I Can’t Pay My Taxes?
✅ Apply for an IRS payment plan (installment agreement).
✅ If facing hardship, check if you qualify for Offer in Compromise (OIC).
🔗 Related: IRS Relief Programs: What Help Is Available for Taxpayers?
9. What Are the Most Common IRS Audit Triggers?
🚨 Underreported income (IRS matches W-2s & 1099s).
🚨 Excessive deductions compared to income.
🚨 Claiming 100% business use of a vehicle.
🔗 Related: IRS Audit Triggers & How to Avoid an Unnecessary Audit
10. How Do I Respond to an IRS Notice?
✅ Read the notice carefully to determine why the IRS contacted you.
✅ Respond by the deadline to avoid penalties or further action.
✅ If unsure, seek help from a tax professional.
🔗 Related: IRS Notices & Letters: What to Do If You Get One
Final Thoughts
Understanding common tax questions can help you file with confidence and avoid IRS issues. If you still have concerns, visit our Tax Resource Hub for additional guidance.
🚀 Next Steps:
- File early to avoid last-minute tax stress.
- Use tax software or a professional if needed.
- Stay updated on IRS deadlines and tax law changes.
🔗 Need more tax guidance? Visit our Tax Resource Hub.