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‘This was a test’: IRS has handled more than 100 million returns already — Tax Day by the numbers

Call-wait times are shorter, but so are refund amounts.

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Yes, inflation does affect your tax return. Here are 5 things to watch out for.

The standard deduction and tax brackets are some of the approximately 60 provisions the IRS updates annually for inflation.

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Biden administration wants to more aggressively audit the 1% — but that will be a lot trickier than it sounds

The IRS recently revealed its plans to use $80 billion in extra funding.

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Your tax refund will probably be smaller this year — unless you have a stock portfolio

If you’re feeling underwhelmed by the size of your income-tax refund this year, you’re probably not alone.

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When is the tax extension deadline, and how do you file for one?

Keep in mind that this is an extension to file your taxes --- not an extension to pay them. Here is what you need to know if you’re not ready by April 18

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Why is Tax Day April 18 — and not April 15?

'Tax Day,' the deadline for filing your taxes, is different in 2023. Here's why.

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Are you filing your taxes at the last minute? Take the MarketWatch Tax Quiz to see if you are prepared

Take the stress out of tax season with the MarketWatch tax quiz.

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Tax Day isn’t April 18 for natural disaster victims — here are the dates to remember

People recovering from snowstorms, mudslides, tornadoes and other natural disasters may have extra time to get their tax returns in order.

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What is the Child Tax Credit for 2022 — and how much is it?

The child tax credit is an important credit for families. Here's why.

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What is the standard deduction for 2022 — and should you take it?

Tax Day is April 18. Here's a look at a commonly-used tax deduction.

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What are tax brackets for 2022 — and why do they increase over time?

Tax brackets are a central part of the tax code for households.

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IRS reveals how it’s spending $80 billion in extra funding — wealthy taxpayers and large corporations can expect more scrutiny

The $80 billion spending will be closely scrutinized by Republicans.

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How will the IRS spend $80 billion in new funding? The Treasury Department is dropping hints.

An extra $80 billion in the IRS budget comes from the Inflation Reduction Act passed in 2022

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My daughter has her heart set on attending a Canadian college. Will my 529 account still receive the tax benefits?

'If we withdraw from the 529 and pay tuition and room and board at this school, will this be considered a qualified withdrawal?'

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Biden’s tax hikes on high earners are unlikely to make it through Congress. A bigger debate: the Trump-era tax cuts that expire in 2025.

The 2025 sunsetting of notable 2017 individual-income-tax rules is "a hurricane we already see on the radar."

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‘This budget sends a clear message’: Biden’s budget tax hikes give insight into his 2024 campaign pledges

With the House of Representatives under Republican control, Biden’s proposals to tax the rich are unlikely to become law anytime soon.

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‘Only the wealthy get any kind of benefit from giving financially to nonprofits’: Bipartisan bill aims to help more Americans write off charitable donations

Many taxpayers were able to deduct charitable donations up to $300 during the 2020 and 2021 tax years, but that changed in 2022.

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Worried about a smaller income-tax refund? You may have good reason — refunds are already 11% smaller so far this year

Early numbers from the IRS on this year's filing season show refunds will be lower.

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Warren Buffett wants you to visualize Berkshire Hathaway’s tax bill. Get out your binoculars.

'At Berkshire we hope and expect to pay much more in taxes during the next decade,' Buffett said in his annual shareholder letter.

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Will you have to report your inflation-relief payment to the IRS?

The IRS has offered guidance for residents of the 21 states that made direct payments to help people keep up with rising costs.