The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some ...

The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable ...

Depending on how much you spend on dental care during the year, you might be able to deduct a portion of your dental care ...

Tax season has arrived, and with it comes the question: to itemize or not to itemize? Every year, millions of American taxpayers must choose whether to take the standard deduction the Internal ...

A: The due date is Tuesday, April 15. As long as you have the April 15 postmark, your tax return is considered on time.

Next, if you're filing taxes electronically, you'll need your adjusted gross income from last year to verify your identity.

In addition, medical expenses must exceed 7.5% of your adjusted gross income in order to qualify for a tax deduction. The IRS defines adjusted gross income as “gross income — including wages ...

As we embark on a new year, it’s time to take a fresh look at your financial strategies, particularly when it comes to your ...

Free File tax credits and deductions The IRS Free File offers what ... Starting January 27, taxpayers with an AGI of $84,000 or above in 2024 can use the Free File Fillable Forms (FFFF).