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one Information from IRS “Publication 526 (2021), Charitable Contributions” as of January 20, 2023:
https://www.irs.gov/publications/p526
2 Early access to direct deposit funds is contingent on the time of payment file submission by the payer. These funds are generally available the day the payment file is received, which can be up to 2 days before the scheduled payment date. Federal tax payment files received from the IRS may be received up to 5 days earlier (based on 2020 tax filing season data). Chime does not guarantee when the IRS sends the files and the funds may be available.
3 Draft information from IRS “Publication 969” as of January 20, 2023:
https://www.irs.gov/pub/irs-dft/p969–dft.pdf
4 Information on IRS “Issue No. 503 Deductible Taxes” as of January 20, 2023:
https://www.irs.gov/taxtopics/tc503
5 Information from NOLO’s “Tax Cuts and Jobs Act: Key Changes 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 IRS Information “IRS Provides Tax Inflation Adjustments for Tax Year 2022” as of January 20, 2023:
https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2022
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