Federal tax credits come in a number of flavors, including refundable, nonrefundable and partially refundable. Here’s what you should know heading into tax season.

As you sort through your taxes before filing this year, don’t forget that you could be eligible for certain credits and deductions. And note that there are some new breaks you might qualify for, too.

New federal tax changes for 2026 may affect what families may owe and the refunds they may receive. The IRS has released new updates on thresholds affecting families, including the child tax credit, ...