Whether you need to file a federal income tax return this year depends on several factors: how much you earned, source of ...
In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...
The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.
The government has given one final opportunity to taxpayers who missed the earlier deadline for filing their Income Tax Return (ITR) for the financial year 2024–25. Individuals who haven’t yet filed ...
This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...
Sitharaman said, "I propose to extend time available for revising returns from 31st December to up to 31st March with the ...
After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...