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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 is dependent upon the timing of the submission of the fee file from the payer. These funds are typically made out there on the day the fee file is obtained, which can be as much as 2 days sooner than the scheduled fee date. Federal tax fee recordsdata obtained from the IRS could also be obtained as much as 5 days early (primarily based on information from the 2020 tax submitting season). Chime makes no assure over when recordsdata are despatched by the IRS and funds will be made out there.
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 “Subject 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 supplies tax inflation changes for tax yr 2022” as of January 20, 2023:
https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2022
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