Five often-missed federal tax credits worth up to £9B annually cover education, childcare, retirement, and energy. One expires on 31 December; file by 15 April.

The U.S. government has announced record-high tax refunds, with the Earned Income Tax Credit (EITC) offering up to $8,046 for ...

With the goal of reducing the amount of taxes owed and even generating a refund, the Earned Income Tax Credit (EITC) is one ...

Taxpayers miss billions of dollars in credits for retirement savings contributions, lifetime learning costs and more.

Millions of Social Security recipients automatically received COVID-19 stimulus payments through the IRS using SSA and RRB data. Payments included up to $1,200 per individual in round one, $600 in ...

For the 2025 tax year, the maximum refund available through the EITC reaches $8,046, offering a huge financial leg up to ...

Dear Savvy Senior: Do I have to pay taxes on my Social Security retirement benefits? I heard that President Trump’s big, beautiful bill eliminated that. What can you tell me? — About to Retire Dear ...

Some taxpayers prefer to file a joint tax return. If you filed jointly but you are not responsible for debt that is subject to offset because your spouse owes it, you are entitled to request your ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

The deadline for filing 2024 taxes is only a few weeks away. The Internal Revenue Service expects some 140 million income tax returns ahead of the April 15, 2025 deadline. But in addition to making ...