The IRS marks 50 years of the Earned Income Tax Credit, which helps millions of working families. Learn how to qualify and claim it.

Missouri House Bill 798 would reduce personal and corporate income tax rates, fully eliminate taxes on capital gains income ...

How a simple error on a state income tax return triggered a Detroit income tax bill for thousands of dollars for Northville couple.

You'll get access to an ad-free website with a faster photo browser, the chance to claim free tickets to a host of events ...

Typically, if your income is less than the standard deduction for your filing status, filing a return isn’t required.

“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for qualified taxpayers. While the EITC has been around for 50 years, it’s still ...

Nothing but the tooth; an offer she can't refuse; patterns of filing; and other highlights of recent tax cases.

No-to-low income earners receive exponentially more in government benefits than they pay in taxes. And high-income earners ...

They may claim the foreign-earned income exclusion or the foreign tax credit. Investopedia requires writers to use primary sources to support their work. These include white papers, government ...

TurboTax Free Edition. Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for ...

Include wages, tips, commission, income earned from interest ... How do deductions and credits work? Both reduce your tax bill but in different ways. Tax credits directly reduce the amount ...