Rest Confident, Your Money is Safe and Secure at Kirtland Credit Union, a message from our President & CEO. Learn More
All Kirtland CU branches and locations will be closed on Monday, October 14 in observance of Indigenous Peoples’ Day.
Our TellerPhone service is experiencing intermittent issues. We are working diligently to resolve. Please use our Online and Mobile banking services. We apologize for any inconvenience.
We have engaged Forvis Mazars, LLP (Attn: Bud Hollenkamp, 1801 California Street, Ste. 2900, Denver, CO 80202) to perform member verifications. Kindly compare the balance of your accounts on your September 2024 statement WITH YOUR RECORDS. If balances do not agree, please address your discrepancies directly to Forvis Mazars, LLP. Include your name, truncated account number, and an explanation of the difference noted. A reply is not considered necessary unless a difference is noted.
ROUTING NUMBER: 307070050
By Kirtland Financial Services
The federal income tax filing deadline isn’t until April. However, the start of tax season is nearly upon us. Here are some tips for navigating the tax filing process to help lessen some of the stress you may feel as Tax Day arrives.
Compile your tax documents and organize them. Print off digital documents so they are all together (unless you are e-filing) for a more manageable filing year.
Your filing status is the rate at which income is taxed. There are five filing statuses: single, married filing separately, married filing jointly, head of household, and qualifying widow(er) with dependent child filing status.
The IRS has partnered with several companies to provide electronic filing to the public. Some of these options include TurboTax, H&R Block, and TaxSlayer.
A financial professional can work with you to get the most benefit from your tax filing.
For the 2024 tax year, according to the IRS, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 (731,200 for married couples filing jointly).
Other marginal tax rates include:
* There are also special qualifying rules for members of the military, clergy, and taxpayers and their relatives with disabilities.
Items that are unaltered by indexing due to the Tax Cuts and Jobs Act of 2017. This may change upon sunsetting of the Tax Cuts and Jobs Act at the close of 2025.
Identity theft is a severe problem in today’s technological world. To help mitigate the risk of identity theft, consider taking these steps:
Sources:
IRS provides tax inflation adjustments for tax year 2024 | Internal Revenue Service
What Does It Mean to Be Tax-Exempt or Have Tax-Exempt Income? (investopedia.com)
Electronic Filing (e-file) | Internal Revenue Service (irs.gov)
Credits & Deductions for Individuals | Internal Revenue Service (irs.gov)
Taxpayer guide to identity theft | Internal Revenue Service (irs.gov)
A Comprehensive Guide to 2024 Tax Credits | SmartAsset
Who Qualifies for the Earned Income Tax Credit (EITC) | Internal Revenue Service (irs.gov)
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
This article was prepared by LPL Marketing Solutions
LPL Tracking # 525074
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Kirtland Federal Credit Union and Kirtland Financial Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Kirtland Financial Services, and may also be employees of Kirtland Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Kirtland Federal Credit Union or Kirtland Financial Services. Securities and insurances offered through LPL or its affiliates are:
Not NCUA Insured or Any Other Government | No Credit Union Guaranteed | Not Credit Union Deposits or Obligations | May Lose Value |
The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
Kirtland Federal Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services.
Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
CRPC®️ conferred by College for Financial Planning.
Routing Number: 307070050
6440 Gibson Blvd. SE, Albuquerque, NM 87108
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