Share post
Share
Debt Consolidation Forums US tax system and impact on debt forums

What is the tax period? Is it from 1st jan to 31st Dec of 2019?

Date: Tue, 12/03/2019 22:37
member profile picture
Posts: 1
Credits: 0
[Donate]

What is the tax period? Is it from 1st jan to 31st Dec of 2017?




The tax period is January 1 to December 31 of every year. And, you are required to file federal income tax return by April 15.

Sub: #1 posted on Thu, 12/05/2019 - 00:21

Good Nelly Good Nelly
Industry Expert
(Posts: 2825 | Credits: )

You mean 2019 right? There are 2 types of tax years. The first one is calendar year and the second one is fiscal year. The calendar year begins from January 1 and ends in December 31. The fiscal year continues for 12 consecutive months and ends on the last day of any month apart from DEcember.

Sub: #2 posted on Thu, 12/05/2019 - 23:15

Nick Jonas Nick Jonas

(Posts: 425 | Credits: )

Google it for the correct answer.

Sub: #3 posted on Mon, 12/09/2019 - 03:27

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.190 seconds.