Taxpayers who receive these notices are being asked to take several steps within 30 days of receipt or face waiting months for paper refund checks.

The Internal Revenue Service is warning taxpayers about phony tips, tax credits and other viral advice that will trigger ...

The IRS has not added new lines to Form 1040‐SR, but seniors do have something genuinely new to work with this year: a significantly larger deduction created by recent legislation. The form itself ...

Millions of Americans have filed tax returns, but the tax season appears to be off to a slow start. The IRS received 22,351,000 individual income tax returns as of February 6, 2026, compared to 23,589 ...

Waiting for your 2025 tax refund? Fewer people filed taxes so far this year — and the IRS has processed even fewer — but the average refund is a few hundred dollars higher. Here's what the average ...

With more than 20 million tax returns processed already in the 2026 tax season, many filer are tracking their tax returns as they anticipate a tax refund, whether through the mail or electronically ...

With the 2026 tax season underway, some Social Security recipients who saw their benefits increase in 2025 under the Social Security Fairness Act are having to pay more taxes than in 2025. With ...

Taxpayers using the "Where's My Refund" tool on the IRS website are going to be very common in the upcoming weeks. When you file your taxes, you've probably seen a message that says, "Your return is ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

Form 4547, which allows taxpayers to elect the new Trump accounts, was clearly numbered with purpose. But when it comes to 1040s, W-2s, 1099s, and other familiar forms, the explanation is far less ...

Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all "digital asset proceeds from broker ...

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...