We’re used to meeting deadlines. You may feel guilty when you get that automatic reprieve. Don’t. There’s no shame in an extension. Millions are processed every year. Everyone with an
IRS YouTube Videos: Haven’t Filed a Tax Return in Years?: English | Spanish | ASL WASHINGTON — Refunds totaling just over $917 million may be waiting for an estimated 984,400
A tax credit reduces the amount of tax you must pay. A refundable tax credit not only reduces the federal tax you owe, but also could result in a refund.
It’s a good idea to have all your tax documents together before preparing your 2012 tax return. You will need your W-2, Wage and Tax Statement, which employers should send
If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule for some homeowners who had
Your children may help you qualify for valuable tax benefits, such as certain credits and deductions. If you are a parent, here are eight benefits you shouldn’t miss when filing
Many of us need information when preparing our federal income tax returns, like which form to use or how to claim a credit. The IRS offers free information and services
With the April 15 tax filing deadline approaching, the Internal Revenue Service created a new YouTube video to provide taxpayers more details and tips to check on their tax refund.
Some people must pay taxes on their Social Security benefits. If you get Social Security, you should receive a Form SSA-1099, Social Security Benefit Statement, by early February. The form
The Internal Revenue Service will start processing tax returns for the vast majority of filers on Jan. 30. The agency had planned to open the tax season on Jan. 22,