What Are Medical Expense Tax Deductions?
January 3, 2023
If you have medical expenses that exceed 7.5% of your adjusted gross income, you may be able to deduct them on your federal income tax return. This deduction is …
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Earned Income Credit, EIC Table
January 1, 2023
Are you looking to get a little extra money back from the IRS this year? If so, you may be eligible for the Earned Income Credit (EIC). The EIC …
See How Much the Child Tax Credit Amount is for Having Children
September 26, 2022
For parents and guardians of dependent children, the Internal Revenue Service (IRS) provides a tax credit that can help reduce your tax liability for the 2021, 2022 tax season. …
See How Trump’s Tax Plan Will Change Things
September 26, 2022
The Tax Cuts and Jobs Act came into force when President Trump signed it. It lowered the corporate tax rate to 21% from 35% at the turn of 2018. …
What is the Federal Solar Energy Tax Credit?
September 24, 2022
The federal home solar energy tax credit is a federal income tax credit that may be claimed for a portion of the cost of a solar panel system. You …
What is IRS 1040ez Tax Form?
September 14, 2022
As a US taxpayer, you are required to file an annual US Individual Income Tax return to comply and report your earnings and tax liability with the Internal Revenue …
How Much Does Jackson Hewitt Charge to File Taxes?
April 17, 2022
Are you preparing to file your taxes? Then you may be considering using Jackson Hewitt to file your taxes, but you want to know how much they charge? Filing …