
Filing Status: What It Is, How to Choose in 2025-2026
Your status can have a big effect on your tax bill, which tax forms are required, and which tax deductions and credits you can claim.

Your status can have a big effect on your tax bill, which tax forms are required, and which tax deductions and credits you can claim.

Tax credits can come in handy when it's time to file your return. Here's a breakdown of common ones, including the earned income credit, child tax credit and the earned income tax credit.

Tax deductions reduce your taxable income, but tax credits reduce your bill dollar for dollar.

Here are a dozen simple maneuvers that could slash what you owe to the IRS.

Property taxes can be deductible. To take advantage, you'll need to find your tax records and itemize using Schedule A.

The medical expense deduction, 529A accounts and the child and dependent care tax credit could lower your tax bill.

You might be able to deduct qualified medical expenses that are more than 7.5% of your adjusted gross income. Some states offer lower thresholds.

Most people only fill out a W-4 when they start a new job, but there are times when it may be worth revisiting.

You could save a lot of money if you know when you can shop tax-free in your state. See our sales tax holiday list for back-to-school and other shopping events.

The child tax credit is a popular benefit for taxpayers with dependents. Learn more about the credit and use our estimator to see how much you might get.