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Is there an age limit on claiming my child as a dependent?
These are the limits for claiming a child as a dependent for deductions and possible tax refunds from the IRS and other tax agencies in the United States.
What’s the fastest way to get my IRS Tax refund?
The fastest way to get your IRS tax refund is by filing tax returns electronically and selecting direct deposit as refund method. The process takes 21 days
What is the 401(k), how much is the maximum income and what are the contribution limits in 2025?
Get all the important information you need to know about the 401(k) in 2025 along with a side note on IRA.
Where’s my amended return status? How to check your amended IRS tax return
Learn how to check the status of your amended tax return, understand processing times, and discover common reasons for delays to ensure your corrections are handled smoothly.
What do codes mean on an IRS transcript? The list with the most important codes in your IRS account
IRS codes are important to understand your tax filing position. Check out the various codes and their meanings.
IRS Form W-9 in 2024: what is it, what instructions, how to fill it out, and where to apply
All the info you need on the IRS form that deals with "Request for Taxpayer Identification Number and Certification".
Energy Tax Credit 2024: how much is it, what requirements, who qualifies, and how to claim it?
The government is offering incentives to encourage the efficient use of energy. Find out how you can take advantage of tax breaks for homeowners.
IRS Form 2848 in 2024: what is it, how to fill it out and where to apply Power of Attorney and Declaration of Representative
Find out what IRS Form 2848 is for, how to fill it out and who can submit it to the IRS for their taxes.
IRS Form 1040-X in 2024: what is it, how to fill it out, and where to apply Amended US Individual Income Tax Return
The Form 1040-x is important to fill in corrections as well as adjusting your income and even claiming overloooked credits.
Itemized Deductions in 2024: what it is, who qualifies, requirements and what’s the difference with Standard Deduction
Maximizing Tax Returns: Itemized Deductions vs. Standard Deductions in 2024
IRS Form 941 in 2024: what is it, how to fill it out and where to apply a Employer’s Quarterly Federal Tax Return
Employer’s quarterly federal tax returns: How to fill form 941 in 2024
Premium Tax Credit (PTC) 2024: how much is it, requirements, who qualifies, and how to claim it
PTC in 2024: How much PTC can you claim for yourself or family to save on health insurance
What is the difference between a tax credit and a tax deduction for my IRS tax return?
Tax credits directly reduce taxes owed, while deductions lower taxable income and indirectly reduce taxes.
How much money can I give at Christmas without needing to tell the IRS? What form would I use for gift-giving?
You can give up to $18,000 without informing the IRS. When this limit is exceeded, you'll need Form 709.