US workers can expect to receive a W-2 form by the first week of February. The form details your total earnings from the ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

If you need more time to finish your taxes, the IRS allows one free six month extension. Here's how to file for a tax ...

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

If you filed on paper last year you'll have to print them out yourself or ask for them, and they won't include all the supplemental forms You can save this article by registering for free here. Or ...

The One Big Beautiful Bill Act created multiple new tax deductions. Many taxpayers will get a larger refund due to the tax changes. Since the IRS did not adjust withholding schedules, a lot of money ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Some states don't have any income tax, meaning retirement income is also exempt. Seven states offer exemptions for various forms of retirement income. Forty-one states, plus Washington, D.C., don't ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Photo by JIM WATSON/AFP via Getty ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...