Tax Season 2021 has begun. When you dig into your tax return for reporting 2020 income, you’ll notice that Form 1040 has changed yet again. In 2018, the IRS condensed Form 1040 significantly ...

This reconciliation is made on Schedule 8812, Credits for Qualifying Children and Other Dependents, of Form 1040, U.S. Individual Income Tax Return. The draft instructions for Schedule 8812 for 2021 ...

It's essential to take extra care to report the money you received in 2021 when completing Schedule 8812 – or else you risk lengthy delays when it comes to receiving your tax refund. In fact, a ...

There are 35 states (including D.C.) that have extended 2020 tax filing and payment deadlines to May 17, 2021, according to a list compiled by the American Institute of Certified Public Accountants.