Can I File My 2021 Taxes?

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Can I file my 2021 taxes?
IRS Free File, available only through IRS.gov, is now accepting 2021 tax returns. IRS Free File is available to any person or family with adjusted gross income of $73,000 or less in 2021. The fastest way to get a refund is by filing and accurate return electronically and selecting direct deposit.
Read more on www.irs.gov

You can submit your 2021 taxes, yes. Tax returns for the year 2021 are already being accepted by the Internal Revenue Service (IRS). April 18, 2022, is the cutoff date for submitting your 2021 tax return. To minimize any last-minute rush, it is generally best to file your taxes as early as possible.

It’s crucial to file your 2021 taxes because they will reveal if you owe any money or are entitled to a refund. To avoid fines and interest costs, you must pay any taxes you owe by the deadline. On the other side, if you are entitled to a refund, filing your taxes ahead of time can speed up the process.

Let’s now address the pertinent inquiries:

If I live in New Hampshire, do I have to pay Maine income tax?

If you work in Maine but reside in New Hampshire, you can be required to pay Maine income tax on your wages. The “nonresident” income tax in Maine is levied on those who work there but do not dwell there. You are exempt from paying Maine income tax if you live in New Hampshire and do not receive any income from Maine. If I live in NH, do I have to pay Maine income tax?

As previously stated, you are exempt from Maine income tax if you receive no income from the state. But if you live in New Hampshire and get money from Maine, you might need to pay Maine income tax on it. Due to a tax agreement between Maine and New Hampshire, New Hampshire citizens may claim a credit for taxes paid to Maine.

Finally, it’s critical to file your 2021 taxes now while you still have time. If you work in Maine but reside in New Hampshire, you can be required to pay Maine income tax on your wages. You are exempt from paying Maine income tax if you live in New Hampshire and do not receive any income from Maine. Always seek the advice of a tax expert if you have any questions or concerns about taxes.

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