The IRS has a handy sample worksheet on its site to help you ... correct taxable amount of canceled debt as income on your tax return for the year in which the cancellation occurred.

Don't forget you can open and contribute to a 2025 Roth IRA until the due date of your 2025 tax return on Tuesday April ... If you do exceed it, the IRS might hit you with a 6% excessive ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

Languages: English. With the Internal Revenue Service (IRS) processing about 140 million tax returns annually and issuing refunds averaging $3,100 per filer, even minor slowdowns could affect ...

Languages: English Americans typically expect to see their tax refunds within a few weeks after submitting their returns. However, if the IRS experiences staffing shortages, the ability to process ...

If you worked last year, you might have a tax refund check coming your way if you file. The Internal Revenue Service began accepting returns from taxpayers on Jan. 27. According to IRS data ...

and many in New Jersey and across the country may be wondering how to track your IRS Tax refund. The IRS provides a free tool where taxpayers can track their refund, after they have completed ...

The IRS offers a service called "Where's my refund?" to enable those who have filed their federal income tax returns to check on their refund status. The IRS opened this year's tax filing season ...