Tax deductions and credits may boost your refund. Which ones are available to new filers?
If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take ...
The IRS Could Take a Cut of Your Social Security Benefits if Your Income Exceeds Certain Thresholds
You can also request that the IRS withhold money for taxes from your Social Security checks up front. This would save you the ...
The Savings Game: Revised regulations for tax return filing for 2024
The deadline for filing your income tax return for 2024 is approaching: Monday, April 15. Below I will discuss some details ...
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
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1 in 5 do not claim EITC over $600: IRS
The Earned Income Tax Credit (EITC) marks its 50th anniversary this 2025, yet many eligible Americans still miss out on this valuable benefit. Discover how you can claim your share and boost your tax ...
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How to File Your Income Taxes for Free (or at discount)
Taxes aren't fun but they don't have to be expensive, there are several ways you can get free or heavily discounted tax preparation software. See all of your options today. The post How to File Your ...
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The IRS Could Take a Cut of Your Social Security Benefits if Your Income Exceeds Certain Thresholds
The IRS looks at your marital status and your provisional income — your adjusted ... your annual Social Security benefit. The table below shows the tax brackets as they currently stand: Source ...