Gorodenkoff | Istock | Getty Images If you’re happily saying “I do” this year, be aware that the IRS can be a real buzzkill. While many couples end up paying less in taxes after tying the knot, some face a “marriage penalty” — meaning they end up paying more than if they had remained unmarried and filed as single taxpayers. …
This image provided by Jeopardy Productions, Inc. shows game show champion Amy Schneider on the set of “Jeopardy!” Schneider is the first trans person to qualify for the show’s Tournament of Champions. Jeopardy Productions | AP Amy Schneider has been on a “Jeopardy!” roll. The Oakland, California-based software engineering manager recently surpassed $1.1 million in winnings on the TV game …
Without the child tax credit, Stormy Johnson is worried about having enough to eat. Johnson, 44, works as a student support specialist in Preston County Schools in Kingwood, West Virginia. Since July, she’s been receiving an additional $500 each month through the enhanced child tax credit for her two children, Violet, 14, and Tristan, 13, whom she parents alone. That …
@lelia_milaya via Twenty20 If changes to the child tax credit put forward by Democrats stick, more children than ever will be eligible for the benefit. One major change in the current proposal is allowing children with individual taxpayer identification numbers, or ITINs, to receive the credit. These kids, who are often undocumented children growing up in the U.S., were left …
lisegagne | E+ | Getty Images Barbarett Corbbins was relieved when she saw an extra $500 deposited into her bank account last week. She had received letters from the IRS that she was eligible for child tax credit payments for her two children, ages 10 and 17, but had forgotten when the money was to arrive. When she finally checked …
