TurboTax will soon pay a $141 million settlement for ‘deceptive marketing.’ Will you be receiving a check?
Intuit, which owns TurboTax, admitted no wrongdoing in the case.
Taxes
News and advice on how to minimize your tax liability in retirement
You want to move to a state with low- or no income tax. Your financial adviser might have another idea.
Consider property taxes, insurance costs and why you're inclined to relocate.
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Worried the IRS is going to audit your tax return? If you make less than $400,000, you can probably relax.
The IRS has revealed more specifics on which taxpayers face a higher chance of being audited — and which don't.
Earth Day EV checklist: See which electric vehicles get a tax break on new list
New restrictions favoring U.S. manufacturing mean that only certain EV makes qualify for the up to $7,500 tax credit. Others can earn partial credit.
I want to contribute to an IRA. Do I earn too much?
There is an income limit to be able to make a Roth IRA contribution but there is no income limit to contribute to a traditional IRA
What happens if you can’t pay your taxes? IRS has a payment plan — but read this before you sign up.
Taxpayers entered into 2.4 million installment agreements in 2022.
‘This was a test’: IRS has handled more than 100 million returns already — Tax Day by the numbers
Call-wait times are shorter, but so are refund amounts.
Yes, inflation does affect your tax return. Here are 5 things to watch out for.
The standard deduction and tax brackets are some of the approximately 60 provisions the IRS updates annually for inflation.
Biden administration wants to more aggressively audit the 1% — but that will be a lot trickier than it sounds
The IRS recently revealed its plans to use $80 billion in extra funding.
Your tax refund will probably be smaller this year — unless you have a stock portfolio
If you’re feeling underwhelmed by the size of your income-tax refund this year, you’re probably not alone.
Are you filing your taxes at the last minute? Take the MarketWatch Tax Quiz to see if you are prepared
Take the stress out of tax season with the MarketWatch tax quiz.
Tax Day isn’t April 18 for natural disaster victims — here are the dates to remember
People recovering from snowstorms, mudslides, tornadoes and other natural disasters may have extra time to get their tax returns in order.
Opinion Here’s one way the IRS will let you slide if you don’t file your 2022 taxes by April 18
Expecting a tax refund? Relax. If your return isn’t in for weeks, months -- even years -- the IRS can’t hurt you.
5 things you should know about taxes if you’re over 65
If you're over 65, here's how taxes come into play with Medicare, Social Security, a side business and required minimum distributions.
What is the Child Tax Credit for 2022 — and how much is it?
The child tax credit is an important credit for families. Here's why.
Make sure the tax breaks you’re taking now won’t hammer you in retirement
If you’re not strategic about how you save, you could face high tax bills and Medicare premiums in retirement, and even saddle your heirs with higher taxes.
TurboTax vs. hiring an accountant: What’s the best way to do your taxes?
'Tax laws are not always black and white. They are gray and they are very much subject to interpretation.'
What is the standard deduction for 2022 — and should you take it?
Tax Day is April 18. Here's a look at a commonly-used tax deduction.
What are tax brackets for 2022 — and why do they increase over time?
Tax brackets are a central part of the tax code for households.
Will you regret that Roth IRA conversion when you get a huge tax bill?
Some people balk at paying now to convert IRA funds to Roth, even if that avoids future taxes on growth.
IRS reveals how it’s spending $80 billion in extra funding — wealthy taxpayers and large corporations can expect more scrutiny
The $80 billion spending will be closely scrutinized by Republicans.
How to invest your annual IRA contribution: 3 strategies for your last-minute tax deduction
Millions of retirement dollars will hit a volatile market by the tax filing deadline, so it’s time to make your plan.
