If you were counting on a federal tax break to knock thousands off an EV, the rules changed. The Internal Revenue Service now says vehicles acquired after September 30, 2025 aren’t eligible for the clean vehicle credits,

Chalkbeat reports on the federal tax-credit scholarship program, raising questions on its impact on public education and private school funding.

Not all of the credit is refundable, but a significant portion still is. The IRS says the refundable share of the Child Tax Credit will be $1,700 for 2026, unchanged from 2025. This refundable amount is what families can receive back as a refund if their total tax bill is smaller than the credit they qualify for.

For the 2025 tax year, the CTC is seeing changes as part of President Trump’s tax and spending bill, often referred to as the “ big beautiful bill.” The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount to inflation.

The research and development tax credit will remain a target of the IRS in 2026, even with staff reductions because of the potential for substantial adjustments and revenue recovery is high.

Eligible seniors will be able to file Indiana’s Tax Credit for the Elderly online starting this year, making it easier and faster to receive their refund.

If you’re eager to get started on filing your 2025 tax returns, the majority of online tax filing services and will allow you to start preparing your tax filings already. While you won’t be able to file them just yet, and may need to wait until you receive other tax forms, you’ll be able to save your progress and come back to those sections later.