Tax Season 2024: IRS Processes Over 44 Million Returns and $93 Billion Refunded
Detroit, Michigan – As tax season progresses, the Internal Revenue Service (IRS) has already processed over 44 million tax returns and issued nearly $93 billion in refunds. For Social Security recipients, filing a tax return this year, even if not required, could be beneficial. Factors such as age, marital status, and income outside of Social Security benefits play a significant role in determining whether an individual needs to submit a tax return to the IRS. …