For example, claiming an exemption for a nonexistent dependent to reduce tax liability is clearly fraud, while applying thelong-term capital gainrate to a short-term earning may be looked into more to determine whether it is negligence. Although mistakes attributed to negligence are non-intentional...
If your taxes owed are reduced to $0, and you still have some Child Tax Credit left over, you may be able to receive some or all of it as a tax refund by claiming the Additional Child Tax Credit. We know figuring this out can confuse taxpayers, but don't worry: the eFile app will...