Fact checked by Giselle Cancio Simple errors could lead to costly mistakes on your federal tax return. For instance, while it ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure ...

Taxes are no doubt confusing, but this handy guide can help you finish your tax return and get your refund from the IRS.

President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the ...

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

The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table. Thomas is a native of upstate New York ...

Rep. Blake Moore (R-UT) is pushing for his plan to more than double the child tax credit to be included in the major fiscal overhaul that Republicans are working on this year. Of note, he filed ...

Our review process includes first ... TurboTax Free Edition supports a simple Form 1040 and no schedules except for the earned income tax credit, child tax credit and student loan interest.

The Tax Cuts and Jobs Act of 2017, or TCJA, temporarily increased the maximum child tax credit to $2,000 from $1,000. Without action from Congress, the higher benefit could expire after 2025.