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You may need to file a tax return in 2025, depending on your gross income, filing status and specific tax situation. ... If your income from 2024 exceeds the gross income threshold listed for your ...
The due date is approaching and it is once again time to file your tax returns. Filing taxes for 2024 ... tax withheld. Households with dependents below the age of 17 might also be able to qualify ...
The child tax credit remains $2,000 per child (or qualifying dependent) for the 2023 tax year and is partially refundable, which means taxpayers won’t receive the full credit if it’s larger ...
The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 25 states for the 2025 tax season, up from 12 states ...
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.
Having trouble deciding if your Uncle Jack, Grandma Betty or daughter Joan qualifies as a dependent? Here's a cheat sheet to quickly assess which of your family members you can claim on your tax ...