For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...
Whether you need to file a federal tax return for the 2025-2026 tax year depends mainly on your income, filing status, and age. In general, you’re required to file if your gross income exceeds the IRS ...
The One Big Beautiful Bill Act introduces several changes for the 2025 federal income tax filing season. Standard deduction amounts will increase for all filing statuses, including to $31,500 for ...
Tax returns received and processed remain slightly below last year’s pace, even as the average refund climbs to $3,804. The big surprise in the most recent statistics? IRS.gov traffic continues to ...
What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return last year because my income was below the filing threshold, but I got a part-time job in 2025, ...
Those W2s and 1099s are starting to trickle into your mailbox and inboxes. Yes, tax season is upon us, and there are new and updated tax withholdings you'll need to know before filing. What are ...
Many tax-software companies have free tiers, but most only accept federal returns and a limited number of schedules. Through the end of February, TurboTax will process any state and federal returns ...
New tax breaks in President Donald Trump's "big beautiful bill" may mean older Americans get more money back as a tax refund this season. The law provides a new senior "bonus" or deduction of up to $6 ...
Internal Revenue Service 1040 Individual income tax forms for 2021 arranged in Louisville, Kentucky, U.S., on Tuesday, April 12, 2022. Refund sizes in some cases have been up by nearly 25% compared ...