The ""Additional Child Tax Credit" is the portion of the child tax credit that is fully refundable regardless of a taxpayer's taxable income.
There are two reasons why a college student would file a tax return: 1) You’re required by law to file a tax return because your income was above certain limits, and 2) You’re owed a refund
A common misconception I run into is the assumption among married couples that, if they file separately, it’s the same as filing as two single people. This is not the case.
Deadlines are always important in the tax world, but sometimes the definitions of what a "deadline" is varies from one situation to the next. Such is the case with amended tax returns.