The best and fastest way to get your tax refund is to have it electronically deposited into your financial account. You can deposit your refund to one, two, or even three bank accounts. You can even have it put into your IRA or buy U.S. savings bonds. Just remember to correctly enter your routing and account [...]
This article was published by the IRS. Tracking the status of a tax refund is easy with the Where's My Refund? tool. It's available anytime on IRS.gov or through the IRS2Go App. Taxpayers can start checking their refund status within 24 hours after an e-filed return is received. Refund timing Where's My Refund? provides a personalized [...]
When school's out on break, what do you do with your children? If you send them to a day camp, the money you pay may qualify for a tax credit when you file your taxes. This means you might get some money back. That's because day camp expenses can be used to claim the child and [...]
This article was published by the IRS. The Internal Revenue Service is reminding retirees who turned 72 during the last half of 2021 that, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans. The payments, called required minimum distributions [...]
Many workers with low-to-moderate income may be eligible for the Earned Income Tax Credit, also called EITC. To get the credit, you must meet some basic requirements, but if you qualify, it can mean a bigger refund. The amount of the credit you can get depends on your income and family size. Families with at least [...]
