What was the business tax rate for 2016?

The standard mileage rates for the use of a car, van, pickup or panel truck are: 54 cents per mile for business miles driven in 2016, down from 57.5 cents in 2015. For those planning ahead, the 2017 rate, for use on a 2017 return filed next year, is 53.5 cents per mile.

What was the tax rate per mile in 2016?

19 cents per mile driven for medical or moving purposes in 2016, down from 23 cents in 2015. The 2017 rate is 17 cents. 14 cents per mile driven in service of charitable organizations. This rate is set by law and is unchanged.

How to file a federal tax return for 2016?

In order to file a 2016 IRS Tax Return, download, complete, print and sign the 2016 IRS Tax Forms below and mail the forms to the address listed on the IRS and State Forms. Select your state (s) and download, complete, print and sign your 2016 State Tax Return income forms.

When do you get your 2016 tax refund?

Late payment penalties apply until you have paid all your taxes, however they are usually less than late filing penalties. You can no longer claim 2016 Tax Refunds: Unclaimed Tax Refunds.

What is line 43 in the 2016 tax table?

2016 Tax Table — Continued If line 43 (taxable income) is— And you are— At least But less than Single Married filing jointly * Married filing sepa- rately Head of a house- hold Your tax is— 3,000 3,000 3,050 303 303 303 303 3,050 3,100 308 308 308 308 3,100 3,150 313 313 313 313 3,150 3,200 318 318 318 318 3,200 3,250 323 323 323 323

What was the maximum AMT exemption for 2016?

The AMT exemption amount for 2016 is $53,900 for singles and $83,800 for married couples filing jointly (Table 5). Source: Author’s Calculations. 2016’s maximum Earned Income Tax Credit for singles, heads of households, and joint filers is $506, if the filer has no children (Table 6).

Is there any way to file taxes for 2016?

You can still file 2016 tax returns. Even though the deadline has passed, you can file your 2016 taxes online in a few simple steps. Our online income tax software uses the 2016 IRS tax code, calculations, and forms. File late taxes today with our Maximum Refund Guarantee. All available prior years.

Is the IRS still processing tax returns for 2016?

The IRS is no longer processing refunds for 2016. You must have filed your return within 3 years of the return due date to claim a refund. Free account roll-over and back-ups of completed tax returns are included. We answer your questions through email and the account message center. We check for errors as you go.