As a result, the IRS has established certain programs geared toward forgiving tax debt under certain circumstances . That can provide much-needed relief from your tax burden, but getting approved isn't easy. You'll have to meet strict eligibility criteria, and these programs are only an option...
In reality, there is no such credit under the name "Self Employment Tax Credit"; the actual credit referenced in social media is the Credits for Sick Leave and Family Leave which has strict eligibility criteria. The IRS warns taxpayers that filing claims based on this misinformation carries ...
While there are guided Free File options for anyone who made $84,000 or less for 2024, each partner has different eligibility, depending on your age, income, state residency and military status. Some partners also offer free state tax returns, Hugo said. You can browse all eight partners he...
Once you meet the eligibility criteria, the Fresh Start Tax Program offers a variety of payment options to help you manage and reduce your tax debt. These options include installment agreements, offer in compromise, currently not collectible status, and penalty abatement. Understanding these payment ...
While there are guided Free File options for anyone who made $84,000 or less for 2024, each partner has different eligibility, depending on your age, income, state residency and military status. Some partners also offer free state tax returns, Hugo said. You can browseall eight partne...