This year, changes for the 2024 tax year (returns you’re filing now in 2025) are a combination of IRS inflation adjustments and other rule changes that could impact your return. For the 2024 tax ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and cost-of-living adjustments. These are the official numbers for the tax year ...

the IRS has announced new brackets with adjusted thresholds for tax year 2024. In addition to the new tax brackets the standard deduction, the amount you can deduct to adjust the amount of income ...

Here are potential problems that could cause the IRS to reject your return if you claim a clean vehicle credit: No tax credit is allowed on your ... may have failed to adjust for the new reporting ...

Form 1040 is a federal tax form ... an amended return using Form 1040-X. You can also use this form to claim carryback or make changes to the amounts formerly adjusted by the IRS.