Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

The 2025 tax season is officially underway, with the IRS accepting 2024 tax returns as of January 18. If you're wondering ...

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 that mean for refunds?

The chart that the IRS issued Friday afternoon did not list a total amount, which is often in billions of dollars, for all refunds issued through Jan. 31. Last year's statistics showed that nearly ...

Attach Supporting Schedules Make sure all appropriate schedules and worksheets are attached to the return (i.e. K-1s, 8863-K, ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

Tax refunds often feel like a financial windfall, but they are essentially a return of your own money. Here are six reasons ...