Four New Deductions Are Available
Thanks to recent tax law changes, eligible taxpayers can claim four new below-the-line deductions on their federal return, shown on Schedule 1-A (Form 1040). These deductions may apply if you:
- Earn tip income
- Earn overtime pay
- Pay car loan interest
- Are 65 years of age or older
Click here to learn more and see if you qualify.
Paper Checks Will Delay Your Refund
The IRS is moving away from paper checks. If you request a paper check, your refund could be delayed six weeks or more after your return is processed. Choose direct deposit for a faster, smoother refund. Click here to learn more.
Track Your Refund
Want to know where your federal refund is? Use the IRS Where’s My Refund? tool. You can also watch this short IRS video for a quick guide.