Additionally, a qualifying child must be under age 17 at the end of the tax year, does not provide more than half of his or ...

The IRS reviews such claims, and taxpayers who claim credits that are very limited to certain very specific situations often end up facing extra-long delays in getting their tax refunds.

The Credit for Other Dependents (ODC) is a non-refundable tax credit available to taxpayers for each of their qualifying ...

The Child Tax Credit (EITC) helps raise awareness among the millions of hard-working, low- to moderate-income Americans who ...

The Earned Income Tax Credit (EITC) helps reduce poverty ... key points to take away for the 2025 tax year, per the Internal Revenue Service (IRS): You can qualify for up to a $8,046 credit ...

The Internal Revenue Service is drawing up plans to slash its 90,000-person workforce in half, according to a report. The tax-collecting agency aims to achieve the massive reduction in its ...

As Jean sat at her desk with her 2024 tax paperwork, she remembered the quote, “I believe we should all pay our taxes with a ...

President Donald Trump might ultimately put an end to EV tax credits for consumers, according to some experts. National Automobile Dealers Association says the IRS portal to report EV sales didn't ...

CPA Practice Advisor, a resource for tax professionals, estimates if a person filed electronically ... Taxpayers claiming those credits should have started seeing updates via the IRS's "Where's ...

Here are the most common reasons, as per the IRS: The return has errors, is incomplete, or is affected by identity theft or fraud. The return needs a correction to the child tax credit or reco ...