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The complication of applying tax codes and the risk of being taken advantage of by paid tax preparation services is diminished with the presence of over 4,000 nation-wide VITA sites. One of the focal points of VITA is raising taxpayer awareness and receipt of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
Other free IRS tax help programs: Volunteering Income Tax Assistance ... 2025: Filing deadline for 2024 taxes (this is also the last day to apply for a free tax extension) Wednesday, October 15, ...
The Internal Revenue Service has announced that IRS Free File will begin accepting individual tax returns as of Jan. 10, 2025, for the 2024 tax season.
To thank you for your service, the United States offers multiple tax breaks for disabled veterans. Here are the qualifications for each and how they may apply to your current situation. How tax ...
Contributions are not tax-deductible, but income earned in an account is not subject to tax. Tax-free withdrawals can be made for "qualified disability expenses", including but not limited to education, housing, transportation, employment-related expenses, assistive technology, and healthcare.
Qualified Disability Expenses (QDEs) are costs related to the disability and are intended to maintain or improve the quality of life for individuals with disabilities. These expenses cover a broad range of disability-related needs and can be crucial for those with special requirements. QDEs can be drawn from an ABLE account tax-free.
The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the agency will start accepting and processing 2024 income tax returns ...
The veteran's pension is a tax-free benefit not subject to federal income tax. Regarding state tax, the veteran or beneficiary must check with the taxing authority in his or her state of residence to determine if the pension is subject to state income tax.