Standard deduction: This is the set amount that taxpayers can deduct from their taxable income. The standard deduction for ...

A mismatch sends up a red flag and causes the IRS computers to spit out a bill that the IRS will mail to you (these letters ...

The federal filing deadline for most taxpayers remains April 15, 2026. This is the last day to submit a complete Form 1040 ...

The United Way of Southwestern Pennsylvania is looking for about 450 volunteers to assist with its annual free tax ...

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

What Is Form 1040-X, Amended U.S. Individual Income Tax Return? The 1040-X, Amended U.S. Individual U.S. Income Tax Return is a form used by taxpayers who need to ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

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In 2023, 161,781,457 taxpayers filed Forms 1040 and 1040-SR, with the number of taxpayers filing these forms projected by the Internal Revenue Service to increase by about 10,000,000 over the next ...