Add Yahoo as a preferred source to see more of our stories on Google. A U.S. Individual Income Tax Return Form 1040 sits on a desk alongside a pencil, a smartphone calculator, and cash. Photo: Sarah ...

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.

Filing taxes is a daunting experience for many Americans, whether it's their first time or they've been doing it for decades. The digital age has made it a lot easier to download your tax documents ...

D.C. income tax returns for the 2026 tax season are generally due mid-April, with extensions available. A political fight over local tax law could complicate deadlines this year.

Income tax credits directly reduce a taxpayer's liability, potentially to zero, and some can even result in a refund. Key credits include the Saver's Credit for retirement contributions, various ...

(The Center Square) – Taxpayers can begin filing individual income taxes in North Carolina with the state Department of Revenue and federally with the Internal Revenue Service. Opening day was Monday.