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The IRS typically sends out refunds on schedule. This schedule varies by the method you sent your return in, when you file, and what credits you claim. See an estimated schedule in the chart below. Filing method and refund delivery method How long it takes to receive your refund from the time your

2026: Important Tax Dates to Remember January 15, 2026Final estimated tax payment for the 2025 tax year. This applies mainly to self-employed individuals, investors, and others with incomes not subject to withholding. February 2, 2026Deadline for employers to issue Forms W-2 and for businesses to provide most Forms 1099, including

Tax credits for parents The maximum credit amount is $500 for each dependent and begins to decrease in value if your adjusted gross income exceeds $200,000 ($400,000 for married filing jointly). Education tax credits Energy efficient upgrade tax credits The federal electric vehicle (EV) tax credits for new and used

Capital gains taxes are a type of tax on the profits earned from the sale of assets such as stocks, real estate, businesses and other types of investments in non tax-advantaged accounts. When you acquire assets and sell them for a profit, the U.S. government looks at the gains as

Standard Deductions for 2025 Tax Returns, and Extra Benefits for People Over 65 Each year when you fill out your federal income tax return, you can either take the standard deduction or itemize deductions to reduce your taxable income. The overwhelming majority of taxpayers claim the standard deduction, because due

Welcome to the Tax Season 2026: Time to File Your 2025 Tax Return New Tax Brackets for 2025: Income thresholds for tax brackets have been adjusted for inflation. Use the updated brackets to calculate your taxes accurately. Effective Tax Rate: This is the average tax rate you pay, calculated by