You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill out IRS Form 2441. Here's more: ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

(NEXSTAR) – In 2025, nearly 300,000 Americans used a new electronic system to file their taxes directly with the IRS for free. In 2026, that’s no longer an option. IRS Direct File launched as a pilot ...

CreditNinja reports that in 2025, 29%-33% of taxes are withheld from paychecks, varying by location and income.

A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images IRS Form W-4 dictates how much money is withheld from your gross pay for taxes. Step 1 requires you to input ...

Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must submit ...

Taxes for 2025 are due for most of us by April 15, 2026, which falls on a Wednesday. If you don't expect to file by then, you can request a six-month extension. If you filed electronically and chose ...

Even though the tax agency's free pilot program is no longer available, there are other free tax filing options this season. Robin Hartill Robin Hartill is a Florida-based Certified Financial Planner ...

Whether you file your taxes using online software or consult a tax professional, you need to get the right forms together. There are myriad permutations, but here is the most common information and ...

Daniel Rathburn is an editor at Investopedia who works on tax, accounting, regulatory, and cryptocurrency content. Investopedia / Theresa Chiechi Employers must deposit withheld Social Security, ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...