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What is a Financial Year? The financial year is the calendar year in which you received your money. It begins on April 1st of each calendar year and ends on March 31st of the next calendar year.
The official start date of this years tax filing season will be January 27, the IRS said. That is the first day the agency will start accepting and processing 2024 income tax returns.
Dates for Q1: January 1 March 31. Dates for Q2: April 1 June 3. Dates for Q3: July 1 September 30. Dates for Q4: October 1 December 31.
If you make the first-year choice, your residency starting date for the current year is the first day of the earliest 31-day period (described in 1 above) that you use to qualify for the choice. You are then treated as a U.S. resident for the rest of the year.
What date does the tax year start and end? The tax year runs from 6 April to 5 April the following year. Also known as the fiscal year, this is the period during which any calculations, assessments and financial reporting will be based.
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If youve recently searched annual income meaning, youre not alone. Your annual income is the amount of money that you earn within a twelve-month period.

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