Delaware State Tax Filing
Mark your calendars, for the state tax deadline to file taxes for those following the calendar year is approaching – April 30, 2024. Remember, the payment deadline coincides with this date as well. Any underpayments will incur penalties and interest starting from April 30, 2024, regardless of any extensions granted to file.
To secure an extension for filing taxes, individuals can submit Tax Form PIT-EXT by April 30, 2024. The extension will be granted until October 15, 2024.
2023 Delaware State Tax Return Filing Deadlines
- Individual Tax Returns: April 30, 2024
- Delaware State Tax Extension Request: April 30, 2024
- Individual Income Tax Payment: April 30, 2024
- Individual Income Tax Returns for Extension Filers: October 15, 2024
Hawaii State Tax Filing
In anticipation of the upcoming tax year 2023, the Hawaii Department of Taxation has implemented a series of revisions. Notably, adjustments have been made to enhance the credit amounts available to taxpayers.
In addition to other tax benefits, a newly introduced tax credit for Pass-Through Entities (PTEs) in Hawaii enables partnerships and S corporations to fulfill their Hawaii income tax obligations at the entity level. Individuals who are part of the pass-through entity are eligible to receive a nonrefundable credit corresponding to the taxes paid by the entity.
2023 Hawaii State Tax Return Filing Deadlines
- Individual Tax Returns: April 22, 2024.
- Hawaii State Tax Extension Request: October 20, 2024.
- Individual Income Tax Payment: April 22, 2024.
- Individual Income Tax Returns for Extension Filers: October 20, 2024.
Iowa State Tax Filing
The Iowa Department of Revenue has implemented several updates for the upcoming fiscal year, including using federal taxable income as a baseline for filing Iowa tax returns.
In Iowa, the recent change in tax regulations has eliminated the itemized and standard deduction options. This means that taxpayers in Iowa no longer have the choice between itemizing or taking the standard deduction on their state tax returns.
In light of recent developments, the criteria for the Retirement Income Subtraction have been broadened. Moreover, individuals who meet the eligibility criteria can now deduct an unlimited amount of retirement income.
2023 Iowa State Tax Return Filing Deadlines
- Individual Tax Returns: April 30, 2024
- Iowa State Tax Extension Request: April 30, 2024
- Electronic Individual Income Tax Payment: April 30, 2024
- Individual Income Tax Returns for Extension Filers: October 31, 2024
Louisiana State Tax Filing
The Louisiana Department of Revenue has introduced several adjustments in preparation for the upcoming tax year of 2023. Noteworthy alterations have been made to the list of tax credits and donations, with comprehensive information provided on the corresponding screens.
For drivers of electric or hybrid vehicles in Louisiana, an annual road usage fee must be paid to the Louisiana Department of Revenue (LDR) for vehicle registration. The fee can be paid independently or included as part of the annual tax return submission.
2023 Louisiana State Tax Return Filing Deadlines
- Individual Tax Returns: May 15, 2024
- Louisiana State Tax Extension Request: May 15, 2024
- Individual Income Tax Payment: May 15, 2024
- Individual Income Tax Returns for Extension Filers: November 15, 2024
New Mexico State Tax Filing
Residents residing in Dona Ana County are now eligible to receive a property tax rebate for low-income individuals, provided their modified gross income does not exceed $24,000. Additionally, the Working Families Tax Credit has been raised to 25% of the federal Earned Income Credit. Retired armed forces personnel have the opportunity to exempt up to $20,000 from their military retirement pay.
In preparation for the upcoming tax season, the New Mexico Taxation and Revenue Department announced updates to the tax regulations for the year 2023. A notable addition includes a fresh deduction tailored for specific expenses linked to operating a licensed cannabis business in New Mexico. This deduction mirrors the amount of any qualifying expenditure that could typically be claimed as a federal income tax deduction but is restricted by Section 280E of the Internal Revenue Code.
2023 New Mexico State Tax Return Filing Deadlines
- Individual Tax Returns: April 30, 2024 when you E-File
- New Mexico Tax Extension Request: April 15, 2024
- Individual Income Tax Payment: April 15, 2024
- Individual Income Tax Returns for Extension Filers: October 15, 2024
Oklahoma State Tax Filing
Incorporated into the updated Form 511-CR, the Tax Credit for Adoption Expenses took the place of the previous Deduction for Adoption Expenses. Moreover, the scope of the Credit for Qualified Clean-Burning Motor Vehicle Fuel Property was broadened to cover additional equipment used to adapt hydrogen fuel cell-powered motor vehicles.
Incorporated into Tax Form, 511 is now the inclusion of a paper check refund option, along with a designated section for Dependents on page 1 of the form. Furthermore, an allowance for deducting bonus depreciation on qualified property or qualified improvement property falling under Section 168 of the Internal Revenue Code has been introduced.
2023 Oklahoma State Tax Return Filing Deadlines
Virginia State Tax Filing
In the year 2023, Virginia embraced the policy of rolling conformity with the Internal Revenue Code (IRC). This new approach enables Virginia to promptly align with federal tax amendments in the IRC upon their enactment by Congress.
Introducing an exciting opportunity for tax savings with the recently unveiled Firearm Safety Device Tax Credit. This nonrefundable credit offers individuals up to $300 in tax relief for investing in one or more firearm safety devices from a certified dealer. Additionally, the National Guard Income Subtraction cap has been raised from $3,000 to $5,500, potentially benefitting officers ranked O6 and below.
2023 Virginia State Tax Return Filing Deadlines
- Individual Tax Returns: May 1, 2024
- Virginia Tax Extension Request: May 1, 2024
- Individual Income Tax Payment: May 1, 2024
- Individual Income Tax Returns for Extension Filers: November 1, 2024
