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1 Data from IRS’s “Publication 526 (2021), Charitable Contributions” as of January 20, 2023:
https://www.irs.gov/publications/p526
2 Early entry to direct deposit funds depends upon the timing of the submission of the cost file from the payer. These funds are typically made obtainable on the day the cost file is obtained, which can be as much as 2 days sooner than the scheduled cost date. Federal tax cost recordsdata obtained from the IRS could also be obtained as much as 5 days early (based mostly on information from the 2020 tax submitting season). Chime makes no assure over when recordsdata are despatched by the IRS and funds might be made obtainable.
3 Data IRS’s draft “Publication 969” as of January 20, 2023:
https://www.irs.gov/pub/irs-dft/p969–dft.pdf
4 Data from IRS’s “Matter No. 503 Deductible Taxes” as of January 20, 2023:
https://www.irs.gov/taxtopics/tc503
5 Data from NOLO’s “The Tax Cuts and Jobs Act: Key Modifications for People” as of January 20, 2023:
https://www.nolo.com/legal-updates/the-tax-cuts-and-jobs-act-key-changes-for-individuals.html
6 Data from IRS’s “IRS gives tax inflation changes for tax 12 months 2022” as of January 20, 2023:
https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2022
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