The Internal Revenue Service (IRS) administers the federal tax system, collecting revenue that funds government operations while enforcing tax laws.
Filing Your Taxes
Learn about filing federal taxes online, finding IRS tax forms, and applying for a tax extension if needed. After filing, check your refund status or get your tax transcript. Need to fix errors? You can amend your tax return. If you owe money, explore creating an IRS payment plan.
Credits and Deductions
Reduce your tax burden through the Earned Income Tax Credit, Child Tax Credit, and standard deduction. Understand claiming dependents and maximize savings through charitable contributions, home office deductions, and small business deductions.
Tax-Advantaged Accounts
Take advantage of retirement savings through 401(k) tax benefits, IRA contributions, and Health Savings Accounts. Be aware of early withdrawal penalties.
Special Tax Situations
Navigate taxes for self-employment income, freelancers, and estimated taxes. Understand tax implications of major life events like getting married, selling your home, winning the lottery, or receiving an inheritance. Learn about capital gains reporting and stock dividend taxes.
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