If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

To qualify for the EITC, you must have under $11,600 in investment income and earn less than a specific income level from wor ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

If you claimed the Earned Income Tax Credit or the Additional Child Tax Credit, you can expect to get your refund by Feb. 27 -- this is if you file your return online, select to get your refund by ...

First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...

However, over a dozen states received a higher check amount. Also known as the earned income credit (EIC), the amount you get ...

You can claim tax credits and overpayments that could result ... In special situations, you may have to file regardless of your income. If you have net earnings of at least $400 from self ...

including individuals claiming the Child Tax Credit, the Earned Income Tax Credit and the Premium Tax Credit (for those who purchased medical coverage through the Health Insurance Marketplace).

An example of a tax credit is the earned income tax credit, which is a popular refundable tax credit for low to middle-income Americans. One key thing to understand is the difference between a ...