Already filed your tax return? You might be wondering ... deposited into a checking or savings account will receive their refunds faster, Illinois officials said. "If you file a paper return ...

Cancel anytime. The Internal Revenue Service headquarters building is seen in Washington, D.C. This tax season brings good news for some Illinois residents: If your return is fairly simple ...

we hear your frustrations and invite you to join us in low-cost, low-tax Indiana." The bill would establish a commission that would discuss if it is advisable to redraw the Illinois-Indiana border ...

SPRINGFIELD, Ill. (WICS) — As tax season approaches, Illinois residents are encouraged to explore potential tax credits that could reduce their tax burden or increase their refunds. The Illinois ...

CHICAGO, Ill. (WTVO) — Thousands of Illinois residents who are eligible for tax credits didn’t claim them last year, resulting in $4 million in unclaimed credits. Gov. JB Pritzker and the ...

The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year.

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free programs exist, too.

This form should make its way to you by January 31 each year and will detail exactly how much interest was paid on the account and must be reported on your taxes. You should expect to pay taxes on ...

The full list includes Alaska, Arizona, California, Connecticut, Florida, Idaho, Illinois ... software for filing state income taxes. WisTax uses your My Tax Account profile, and you can log ...

HSAs offer a triple tax advantage, since funds go in tax-free (or tax-deductible if you opened your own account), can grow tax-free by investing the balance, and can be withdrawn tax-free if used ...