kate_sept2004 / Getty Images ... taxable income while growing your savings. Claiming all eligible credits, such as the Child Tax Credit or Lifetime Learning Credit, maximizes your refund potential.

Robert Thorpe is a Newsweek reporter based in Massachusetts. His focus is reporting on personal finance topics, including banking, Social Security, investing and more. Robert joined Newsweek in ...

(Photo by Tasos Katopodis/Getty Images ... average direct deposit refund was also up by 7.1% from last year – at an average of $3,505. Claiming the Earned Income Tax Credit (EITC) or ...

Here are the main methods to get your taxes done and maximize your potential refund: Take advantage of the IRS Free File program if you qualify. If your adjusted gross income is $84,000 or less ...

The slashing of the IRS workforce by nearly 20 percent shortly after the April 15 deadline, the day by which most taxpayers need to file their individual federal income tax return, could "have an ...

AMERICANS' TAX ... Images) "By missing out on filing a tax return, people stand to lose more than just their refund of taxes withheld or paid during 2021," the IRS wrote. "Many low- and moderate ...

Typically, they either owe extra money or receive a tax refund. Image source ... you need to know about taxes on crypto trading and income. If you're self-employed or own a business, you'll ...

AlexPhotoStock / Getty Images Your tax ... are taxable as regular income. #1 Capital Gains When You Didn't Sell You must report capital gain distributions on your tax return and pay a tax on ...

income level, and deductions. The IRS refund timeline varies, but direct deposit is usually faster. Knowing the latest IRS tax refund updates can help you plan finances better. Stay informed on key ...