For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.

If you've been paying for health insurance premiums and want to know whether those payments are tax deductible, you're in the ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

A tax return transcript will show most line items, including adjusted gross income or AGI from your original Form 1040, along ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

1099-R,1099-K, W-4, W-2, W-9, 1040 :What are these forms when filing your taxes? To find your adjusted gross income from last year, on last year's tax return, look at line 11 on either forms 1040 ...

Filing a tax return is required for you to receive a tax refund, but filing a return doesn't guarantee you'll receive a tax ...

Most tax software will walk you through filling out these forms, including calculating your adjusted gross income. Just note that you can claim the EIC whether you’re using a Form 1040 or a Form ...

According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.

Your AGI is your total income, minus certain deductions. Your AGI can be found in IRS form 1040 on line 11. Combined income is determined by adding your AGI to any nontaxable interest and half ...