Over 7 crore income tax returns have been filed till 7 pm on Wednesday -- the last day for filing ITRs for income earned in 2023-24 fiscal. "More than 7 crore ITRs have been filed so far (31st July), ...

Building on this success, the finance ministry has now proposed to extend the deadline for filing updated returns from two years to four years. Taxpayers are required to file their income tax ...

If you've been paying for health insurance premiums and want to know whether those payments are tax deductible, you're in the ...

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according ...

The W-2 form is one of the most widely recognized tax forms for US workers, and for good reason: It's essential for filing your income taxes ... order to file your tax return.

Select Age Group: Select your age group. This is because tax liability as per the government rules is based on the age of the income taxpayer. Proceed to Next Step: Click on ‘Go to Next Step’. Enter ...

According to the press release, the portal will allow taxpayers to upload the completed 2024 individual income tax return (Form 1040 or Form 1040SR) wherever they are located, whenever they are ready ...

individuals will still be required to file income tax returns (ITR). Tax experts highlight that filing an ITR is based on income levels, not tax liability. Maintaining a consistent filing record ...

Since they can be a major source of income, you'll also need to keep them in mind when filing your tax return. A 2023 survey from the Pew Research Center found that around 43% of Americans had ...

What is the Earned Income Tax ... you file your tax return by April 18, 2025 For 2020, if you file your tax return by May 17, 2024 To file a prior year return complete and file Form 1040 and ...

Income Tax Budget 2025 Explained: Finance Minister Nirmala Sitharaman has raised the limit of income tax rebate from Rs 7 lakh to Rs 12 lakh, which essentially means that if an individual has an ...

In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...