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 Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...

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

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 ...

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

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.

Gov. Kathy Hochul has now released two early proposals from her State of the State message that aim to address concerns over ...

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

At first glance, this credit may sound like a simple flat ... The buyer must give the dealer all their tax information, which will then be submitted to the IRS. The dealer is not required to ...