TY 2025 Tax Articles & Guides

Comprehensive tax resources to help you maximize savings and stay compliant

Do I need to own the home to qualify for the Residential Energy Credit?
Credits
⭐ Featured
3 min read 2 months ago

Do I need to own the home to qualify for the Residential Energy Credit?

Understanding Eligibility for the Residential Energy Credit

tax credits residential energy home ownership
TT
Tax Expert Team
Read Article
Where can I see what amount can be carried forward to the next year for form 5695?
Credits
3 min read 2 months ago

Where can I see what amount can be carried forward to the next year for form 5695?

Understanding Carryforward Amounts for Form 5695

deductions tax savings itemized deductions
BS
Business Tax Specialist
Read Article
Can my spouse and I file separate returns and each claim part of the child tax credit?
Credits
3 min read 2 months ago

Can my spouse and I file separate returns and each claim part of the child tax credit?

Understanding Filing Options for the Child Tax Credit

child tax credit filing status tax returns
FA
Family Tax Advisor
Read Article
My child was 19 in 2024. Shouldn't I receive EIC?
Credits
3 min read 2 months ago

My child was 19 in 2024. Shouldn't I receive EIC?

Understanding Eligibility for Earned Income Credit with Adult Children

earned income credit EIC eligibility tax credits
FA
Family Tax Advisor
Read Article
How do I remove Form 8962 from my return?
Credits
3 min read 2 months ago

How do I remove Form 8962 from my return?

Steps to Remove Form 8962 from Your Tax Return

tax forms tax return form 8962
TT
Tax Expert Team
Read Article
What foreign taxes are NOT included in calculating foreign tax credit on Form 1116?
Credits
3 min read 2 months ago

What foreign taxes are NOT included in calculating foreign tax credit on Form 1116?

Understanding Exclusions in Foreign Tax Credit Calculations

foreign tax credit Form 1116 tax exclusions
TT
Tax Expert Team
Read Article
Who is considered in my
Credits
3 min read 2 months ago

Who is considered in my "Tax Family" in regard to the Premium Tax Credit?

Understanding Your Tax Family for Premium Tax Credit Eligibility

Premium Tax Credit Tax Family Eligibility
FA
Family Tax Advisor
Read Article
Will I get the Child Tax Credit for my child if I am the dependent of my parents?
Credits
⭐ Featured
4 min read 2 months ago

Will I get the Child Tax Credit for my child if I am the dependent of my parents?

Understanding Child Tax Credit Eligibility for Dependents

child tax credit dependent eligibility family tax
FA
Family Tax Advisor
Read Article
Does costs for installing a new furnace qualify for the Residential Energy Credit?
Credits
3 min read 2 months ago

Does costs for installing a new furnace qualify for the Residential Energy Credit?

Understanding the Residential Energy Credit for New Furnace Installation

energy credit residential energy tax deductions
BS
Business Tax Specialist
Read Article