This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...
It's time to collect your tax documents and get ready to file your return for the 2024 year. Tax day is April 15.
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...
During the campaign, President Donald Trump floated an “all tariff policy” he said would replace federal income tax. Here’s ...
Elon Musk posted that the IRS Direct File group had been "deleted," prompting confusion about the free tax prep service's future.
An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.
What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...
The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable ...
This year, Pennsylvanians can use the new IRS Direct File tool to file simple federal and state tax returns for free. The ...
which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season). However, you may only pay up to 20% for capital gains taxes. And unlike ordinary income taxes ...
37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...