New IRS form Schedule 1‑A unlocks 4 major tax deductions for 2025

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What is Schedule 1-A?
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1040 US individual tax return form: What you might need to know

The United States Internal Revenue Service (IRS) requires every individual who earns an income to file an annual tax return. The 1040 U.S. Individual Tax Return Form is the standard form used by ...

$6,000 senior tax deduction for federal returns has plenty of rules

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

What Are Individual Tax Returns, and How Do They Work?

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

What your tax refund could earn instead of sitting with the IRS

Many taxpayers celebrate a large refund. But that same money might have quietly earned interest or investment returns all ...
USA Today

Finish your 2024 tax return? Before filing it away, use it to plan for 2025 and save money

Corrections & Clarifications: An earlier version of this story reflects an error in a name provided to USA TODAY. The CEO of WorkMoney is Carrie Joy Grimes. It's ...

Federal Tax vs. State Tax: Definitions and Examples

Most people see taxes come out of their paycheck without thinking much about where the money goes. Federal taxes follow one set of rules no matter where you live, but state taxes vary widely depending ...

Tax Breaks: The Not As Harmless As It Sounds Edition

Plus: Reporting your side hustle, zero extensions, tax filing statistics, Taxes From A to Z, tax filing deadlines, tax trivia and more.

Tax Refunds Are Up In 2026—But Not As Much As Some Expected

New IRS data shows the average refund rising to $3,676, well below earlier projections that suggested refunds could increase by $1,000 or more this year.