Income tax refund not credited yet? Before you panic, check the latest processing data and the common reasons that may be ...
Filing your income tax return can be, for many, a dreaded annual task. And paying to file unnecessarily can only add insult ...
Only 2% of federal income tax returns were filed through Free File, even though 70% of filers qualified for the service, according to NerdWallet analysis of IRS data.
Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details a.
Investors selling shares or mutual funds can claim Section 54F LTCG exemption if proceeds are invested in a residential house or plot, with timelines.
Understand the IRS refund timeline, expected deposit dates, delays, and how to track your tax refund so you know exactly when ...
The 2026 tax filing season has begun. Here are the key dates you need to know. During this filing season, taxpayers will need to use the newly created Schedule 1-A to take advantage of the new tax ...
What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return last year because my income was below the ...
IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article explains eligibility, exceptions, and reporting requirements under U.S. tax ...
Income Tax Department has sped up the process of crediting ITR refunds to taxpayers accounts. These also include high-value refunds. Taxpayers can check the status of their refunds through the ...
Any taxpayer or family who earned $89,000 or less in 2025 may use a free filing option for a tax return using the IRS website. In New York, taxpayers who earned $89,000 or less can file online for ...
The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...