How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

A large tax refund can feel like a win. But if you're living paycheck-to-paycheck, that refund might actually be hurting you.

If you earn money on PayPal, Venmo, Cash App or another third-party payment app, the IRS will know about it. Third party payment platforms are required to send you a 1099-K tax form if you made more ...

The sooner you gather your tax forms and file your tax return, the faster you will receive the tax refund direct deposit from ... Some American taxpayers may currently be living abroad. Take for ...

Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.

Form W-2 Live Assisted plan includes unlimited assistance and final review. Live Full Service includes a dedicated expert to complete and file your return. The IRS accepts too many different types ...

Simple Form 1040 returns only (no schedules except ... from Form W-2 and taking the standard deduction, for example — using tax software probably makes sense. If you own a business, itemize ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

You'll get access to an ad-free website with a faster photo browser, the chance to claim free tickets to a host of events ...

Giulia Carbonaro is a Newsweek Reporter based in London, U.K. Her focus is on U.S. and European politics, global affairs and housing. She has covered the ups and downs of the U.S. housing market ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?