Residents of Rhode Island who didn’t receive COVID stimulus payments in 2021 will automatically receive up to $1,400 from the ...

Paying down debt, starting or supplementing an emergency fund and using a little for fun are great ways to manage the ...

The IRS is sending out stimulus checks to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax ...

Eligible taxpayers who missed out on claiming the Section 87A tax rebate for FY 2023-24 (AY 2024-25) due to recent software changes can now update their claims. The Income Tax Department has released ...

As of January 6, 2025, 13.12PM there is no point in filing a revised ITR to claim 87A tax rebate if special rate income like STCG exists in the ITR as the excel utility is not allowing such claims." ...

The ITR forms have been updated to allow the taxpayers to claim Section 87A tax rebate on short-term capital gains on equity, which they were denied during the July ITR filing. However ...

Nevada taxpayers, did you receive a Recovery Rebate Credit stimulus check in 2021? If not, you may get one by the end of January 2025. Earlier this month, the Internal Revenue Service (IRS ...

The IRS announced that it plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns. Approximately $2.4 billion ...

“The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 and including the option to update 87A rebate will be made available shortly,” said ...

The necessary back end software related changes in the online ITR form will be made shortly to give effect to this (87A rebate claim). Under section 87A of the Income Tax Act, 1961, eligible taxpayers ...