There's a chance you'll get a "very large" refund, as long as you have some necessary information.
Frequently asked questions in IRS Fact Sheet 2025-10 have been updated reflecting changes to the Premium Tax Credit made under the One Big Beautiful Bill Act to provisions that no longer apply.
In separate fact sheets, the IRS on Tuesday updated FAQs regarding changes to the Sec. 163(j) limitation on the deduction for business interest expense under H.R. 1, P.L. 119–21, commonly known as the ...