W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

Standard deduction Itemized deductions Itemized deductions IRS-allowed expenses that ... like to calculate your bill. The calculator is automatically set to 2024, which will help you estimate ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with inflation. The IRS increased the threshold for each tax tier b ...

One of fast tax tip to review before filing your 2024 federal income ... To claim that deduction, you must itemize your deductions, and not take the standard deduction, as the majority of ...

The standard deduction nearly doubled as a result of the Tax Cuts and Jobs Act, which went into effect in 2018. For taxes ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Tax refunds are usually issued within 21 days. Use the IRS "Where's My Refund?" tool to track your refund status.