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  2. Trump’s back in office — here’s what to expect for your taxes ...

    www.aol.com/finance/trump-back-office-expect...

    Under the TCJA, key changes were made to individual tax laws, including the near-doubling of the standard deduction and increasing the child tax credit to $2,000, from $1,000.

  3. The 2025 tax brackets are here. How much will you owe? - AOL

    www.aol.com/finance/2025-tax-brackets-much-owe...

    Other tax changes to expect in 2025. The IRS also announced a few more inflation adjustments that are coming next year. ... up from $620 in 2024. Adoption credit. If you adopt a child, you may ...

  4. Child tax credit - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit

    When a taxpayer's credit value exceeds his or her tax liability, the taxpayer is eligible for the additional child tax credit (ACTC), which is calculated as 15% of the taxpayer's AGI in excess of $2,500 (i.e. a family must make at least $2,500 to be eligible for the credit), with the refund value capped at $1,400.

  5. Stimulus 2024: IRS Commits To Sending Child Tax Credit ... - AOL

    www.aol.com/finance/stimulus-2024-irs-commits...

    IRS Commissioner Danny Werfel told a recent congressional hearing that his agency would be able to quickly implement changes to the child tax credit, if they are approved, and then send out tax...

  6. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

    www.aol.com/2024-tax-brackets-income-rates...

    In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

  7. Free tax filing with IRS Direct File: What you need to know - AOL

    www.aol.com/finance/free-tax-filing-irs-direct...

    Child tax credit. Credit for other dependents. ... More taxpayers will have access to the IRS Direct File program in 2025. In 2024, the IRS kicked off the program with only 12 states; that number ...

  8. The IRS just announced big tax changes for 2025 - AOL

    www.aol.com/finance/irs-just-announced-big-tax...

    The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related ...

  9. Tax season begins today. Here’s how to file taxes online and ...

    www.aol.com/finance/tax-season-begins-today-file...

    Launched for the 2024 tax season, Direct File is the IRS's own version of online tax-preparation software. It offers free filing and live support via chat or phone. It offers free filing and live ...