Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

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

it can be tricky to decide whether to opt for a tax deduction, tax credit, or both if you’re eligible. While both offer tax relief, they do so in different ways. Understanding the difference is ...

About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...

Most people who are eligible for tax credits claim them. Direct File — the IRS’ online tool for filing tax returns — could get more eligible filers to claim EITCs and CTCs.

Jones’ announcement comes after Democrats proposed even more generous breaks, a $200 child tax credit for all children under ...

In support of the health of our patients and communities, as well as the stability of the entire health care system, the AHA urges Congress to extend the enhanced premium tax credits.