Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...

You also can start the process by filling out the Child Tax Credit worksheet contained in the instructions for Form 1040. Roughly 410,000 returns filed by Arizonans in 2022 claimed the fully ...

I posted a previous column describing this method and provided reasons for when, why and how to use the SmartProof worksheet. I want to now add another reason…and it's personal. When we prepare our ...

Retirement account withdrawals and earnings from a job may not be the only taxable income you have, either. The federal ...

Low-income families often struggle to meet their financial obligations, especially when it comes to essential expenses like ...

Throw in the mini-worksheets and itemized lists and we ... You could fill out your tax return on a post card: LINE 1: Wages, interest, dividends, net capital gains, profits from self-employment.

Low-income families often struggle to meet their financial obligations, especially when it comes to essential expenses like ...

You would use the IRS tax computation worksheet if you make $100,000 or more. Anyone making less uses the IRS tax tables. Liability or Refund? Now assume that your W-4 resulted in your employer ...

This document also includes worksheets and examples to help taxpayers determine how much credit they qualify for when filing a tax return. Who Qualifies for the Credit for the Elderly or the Disabled?

For example, if you owed federal taxes on $5,000 of your Social Security benefits, you could subtract that $5,000 from the Social Security benefits you list on your state tax return ... can calculate ...