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The IRS will send an estimated $2.4 billion to taxpayers who didn’t claim the recovery rebate credit on their 2021 tax returns. About 1 million taxpayers were eligible for the credit but failed ...
If you had a new baby in 2021 or graduated college in the Class of 2020, you might be eligible for up to $1,400 in stimulus money. The Recovery Rebate Credit was created to help those who are ...
Federal stimulus payments that were sent to U.S. households in the wake of the COVID-19 pandemic have ended, but some states still offer financial relief in the form of tax rebates to help families...
The $1.9 trillion stimulus package the Senate passed on Saturday — with adoption potentially coming as early as this week — includes some key provisions for college students and graduates.
The maximum estate tax, gift tax, and generation-skipping tax rate, which was 55% in 2001 (with an additional 5% for estates over $10,000,000 in order to eliminate the benefit of the lower estate tax brackets) was reduced to 50% in 2002, with an additional 1% reduction each year until 2007, when the top estate tax rate became 45%.
Another big wave of relief came in the form of the expanded Child Tax Credit — at up to $3,600 per child for virtually all working families, it was the biggest credit of its kind in history.
A petition for a stimulus check just for seniors has been put out by the Senior Citizens League aimed to help social security recipients. The group’s president wrote to Congress trying to get an ...
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