In 2025, eligible taxpayers can look forward to significant tax credits, but patience is key. Due to the PATH Act, refunds ...

Navigating the complexities of tax season can be daunting, especially when deciding between a tax deduction or a tax credit.

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according to the IRS.

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

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

The Internal Revenue Service has launched a campaign highlighting a tax break for Massachusetts workers worth up to $7,830.

Every year in January, the IRS dedicates a day to Earned Income Tax Credit (EITC) awareness. This tax credit, also known as the earned income credit (EIC) allows eligible people with low-to ...

(Stay tuned and consider leveraging clean energy tax credits sooner rather than later to benefit from existing savings opportunities.) Also, it's important to remember that income limits apply to ...

Unchanged for 2025 are the limits on how well off you can be to still claim the new-car credit. To qualify, your household income (the “adjusted gross income” on line 11 of your tax return ...

The dividend distributions, totaling $1.80 per share, are classified for income tax purposes as 100% Capital Gain Distributions (long-term 20% rate). The table below summarizes the income tax ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Understanding your tax bracket and ...

Shareholders are encouraged to consult with their tax advisors as to their specific treatment of PotlatchDeltic distributions. (1) Form 1099-DIV box 2a. Pursuant to Treas. Reg. § 1.1061-6(c), the ...