For the CALENDAR year 2019 or other taxable period beginning:-2025

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Key Takeaways. A calendar year is a one-year period between January 1 and December 31, based on the Gregorian calendar. The calendar year commonly coincides with the fiscal year for individual and corporate taxation.
There are two kinds of tax years: Calendar Tax Year: This is a period of 12 consecutive months beginning January 1 and ending December 31; or. Fiscal Tax Year: This is a period of 12 consecutive months ending on the last day of any month except December.
While a calendar starts on Jan. 1 and ends on Dec. 31, a fiscal year can start and end at any time during the yearso long as it lasts 12 months.
Your total taxable income is your AGI minus your itemized or standard deduction.
Most filers are subject to a calendar tax year beginning January 1 and ending December 31. Tax returns for the year are usually due on April 15 of the following year.
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Tax Year 2022 Filing Thresholds by Filing Status Filing StatusTaxpayer age at the end of 2022A taxpayer must file a return if their gross income was at least: single under 65 $12,950 single 65 or older $14,700 head of household under 65 $19,400 head of household 65 or older $21,1506 more rows
Taxable period The tax year runs from 1 January to 31 December.
A tax year is an annual accounting period for keeping records and reporting income and expenses. An annual accounting period does not include a short tax year. The tax years you can use are: Calendar year 12 consecutive months beginning January 1 and ending December 31.

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