A nonresident alien is a noncitizen who has not passed or is exempt from the green card or substantial presence tests.

Form 5405 helps taxpayers claim the First-Time Homebuyer Credit, offering a tax credit for homes purchased between 2008 and ...

Many taxpayers in the United States could be missing out on a substantial refund simply because they do not claim a credit they qualify for. The Earned Income Tax Credit (EITC), designed to support ...

The IRS reports that every year more than $1 billion in unclaimed refunds gets left behind at the Treasury. This year, if you ...

The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...

Forty-eight percent of U.S. workers are aware of the Saver's Credit, according to survey findings from nonprofit Transamerica Center for Retirement Studies (R) (TCRS). The Saver's Credit, also ...

GoodRx reports seven overlooked medical expenses that are tax-deductible, including acupuncture and medical transportation, if itemized.

Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get this tax break and avoid missing out.

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 ...

The 2026 federal tax filing season is officially underway, and US taxpayers can now submit their 2025 federal income tax returns using Form 1040. The Internal Revenue Service (IRS) began accepting and ...