Currently, the credit is good for up to $2,000 per dependent child on your taxes. That full amount is "nonrefundable," ...

Despite efforts by the IRS to educate taxpayers and streamline filing, a significant gap remains between what folks are ...

The clock is ticking on the future of the expanded child tax credit, which is now left in the hands of the incoming Trump ...

Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...

With incentives like deep discounts and free charging, sales of electric vehicles are expected to jump early in 2025, ahead of President-elect Donald Trump's reported plans to cut the federal EV tax ...

and you will need to provide that information when filling out Form 1040 or 1040-SR. Note: While you cannot claim both education tax credits for the same student in the same tax year, it is ...

The Internal Revenue Service said Friday that one million taxpayers are set to receive about $2.4 billion in stimulus checks ...

If you have to pay for care for your children or dependents, you may qualify for the Child and Dependent Care Tax Credit.

Five electric vehicles from Hyundai, Kia, and Genesis now qualify for the US’s $7,500 EV tax credit, Electrek reports. The ...

The DC Credit for Child and Dependent Care. This is a nonrefundable credit equal to 35% of the federal CDCTC. For filers ...

Enter some basic information below ... Trump's transition team has stated they intend to eliminate the $7,500 tax credit for electric vehicles. The president-elect's closeness with Elon Musk ...