The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...

A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.

The child tax credit is a tax break that applies a credit to your income taxes for a qualifying child or children, potentially earning you a refund on your federal tax return. The value of the ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. The ...

Minnesota Gov. Tim Walz visited a St. Paul community center on Tuesday morning to urge families to claim the child tax credit ...

Most people who are eligible for tax credits claim them. Direct File — the IRS’ online tool for filing tax returns — could get more eligible filers to claim EITCs and CTCs.

Jones’ announcement comes after Democrats proposed even more generous breaks, a $200 child tax credit for all children under ...