The earned income tax credit and additional child tax credit are "refundable," meaning filers can claim a refund without tax ...
But don’t count on a specific date: The IRS warns taxpayers not to rely on receiving their refund by a certain date, ...
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...
The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...
If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
Receiving a tax refund is one of the most anticipated events of the financial year. It is an opportunity to strengthen one's ...
Your bank or credit union has not posted the refund. If you're claiming the Earned Income Tax Credit, those refunds can't go ...
While it's common for people to carry debt, if you aren't keeping up payments on it, you can be subject to wage garnishment, ...
A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.
The deadline to file a California or federal income tax return for 2024 is Tuesday, April 15. You can request a six-month ...
Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024. Both tax breaks are "refundable," meaning filers can use the credits to claim a refund, even without tax liability.