Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...

You must file Form 1040, U.S. Individual Income Tax Return ... their spouse or a dependent they list on their tax return. An education credit cannot be claimed if: Someone else, such as ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit ... unemployment insurance and deductions for education costs. Who's this for?

In a bid to safeguard taxpayers from evolving tax scams, the IRS and the Coalition Against Scam and Scheme Threats (CASST) ...

This initiative is a bold step toward ensuring that all children, regardless of their socioeconomic background, have access ...

Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?

The free tier allows you to file IRS Form 1040 (including Schedules ... take the earned income tax credit, the child tax credit and education credits and deduct interest on student loans.

Also this week will be budget discussions for the Department of Agriculture and Natural Resources (DANR), Department of ...

As a partially refundable credit, you may be eligible ... tax document attached to your Form 1040 or 1040-SR: When claiming your qualified education expenses, it’s best to keep a record or ...