When you sell your home, you may owe capital gains tax on the profit from the sale. The IRS calculates this by subtracting ...

However, it’s important to remember the extension is only to file your tax return, not to pay owed taxes. If you owe taxes, ...

Today is the deadline for filing your income tax returns, and while we all look forward to getting a refund, each year millions of Americans miss out on money they’re owed, often unaware that the IRS ...

Still missing your $1,400 stimulus check? Find out how to claim the Recovery Rebate Credit and file a 2021 tax return by ...

The deadline to file taxes is coming up fast. Whether you need an extension or are looking for your refund, here's what you need to know in Colorado.

Two out of every five American taxpayers have not yet filed their 2024 taxes—but it’s not too late to get an extension, as ...

If you do itemize, you'll need IRS Form 1040 and attach Schedule A. Your filing status determines your filing requirements, the standard deduction you can claim and your eligibility for certain ...

Attach Form 4684 to Form 1040 and submit it with your tax return. The loss must result from a federally declared disaster as designated by the Federal Emergency Management Agency (FEMA).

To file now, you'll need Form 1040-X (the amended return) and include Schedule 8812. Kevin Thompson, a finance expert and the founder of 9i Capital Group, told Newsweek: "If you had kids in 2021 ...

“These payments are an example of our commitment to go the extra mile for taxpayers. Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit ...

“Additionally, your name on the tax return must exactly match what's on your Social Security card ‒ adding or omitting a middle initial, for example, can lead to confusion.” Errors in your ...