Cleveland's Leading Local News: Weather, Traffic, Sports and more | Cleveland, Oh | WKYC.com

Money

No action required to receive money from TurboTax settlement

Taxes

Yes, you can check the status of a delayed tax refund

The IRS has an online tool that tells taxpayers the status of their tax refund. We explain how it works.
Vaccines

Yes, a Rhode Island bill aims to fine, tax eligible residents if they aren’t vaccinated against COVID-19

Under a recently proposed Rhode Island Senate bill, eligible residents would have to get the COVID-19 vaccine or face a monthly fine and pay double their income tax.
Money

Yes, you still have to pay taxes even if you don’t have a bank account

During a civil trial, Blac Chyna said she didn’t pay taxes or have a bank account. The IRS says not having a bank account doesn’t preclude you from taxes.
Taxes

No, filing a tax extension doesn’t increase your risk of being audited

If you need more time to file your 2021 taxes, a tax extension won’t increase your risk of being audited, the IRS and two tax professionals told VERIFY.
Taxes

Yes, you can file your taxes for free

There are several options you can use to file your federal taxes, and sometimes your state taxes, for free.
Money

Yes, if the deficit shrinks by $1.3 trillion it would be the largest one-year reduction ever

President Biden projected the federal budget deficit will decrease by more than a trillion dollars in 2022. If it does, that would set a record.
Taxes

Yes, you do have to pay taxes on cryptocurrency

If you sell or exchange cryptocurrency, you’ll have to pay capital gains taxes. If you receive crypto as payment or if you mine it, it’s taxable income.
Taxes

Yes, you have to pay taxes on the sale of NFTs

The IRS treats NFTs, short for non-fungible tokens, the same as it does for any other real-world investment.
Taxes

NFTs: Do you owe taxes if you make a profit?

The IRS treats NFTs, short for non-fungible tokens, the same as it does for any other real-world investment.
Taxes

Yes, 2021 unemployment benefits are taxable on this year’s federal returns

People who collected unemployment benefits in 2020 got a break from paying federal taxes on them, up to a certain amount. That’s not the case for benefits in 2021.
Taxes

Yes, you need to claim the child tax credit on your 2021 return, even if you got advance payments

You may have gotten monthly checks already, but you’re likely still owed more money. To get that, you need to claim your advance child tax credit payments.

Fire at FirstEnergy Cleveland substation causes thousands to lose power

Fire at FirstEnergy Cleveland substation causes thousands to lose power

FORECAST | Weekend Cold Front on the Way!

Cleveland weather forecast: Weekend cold front on the way

Cleveland's Leading Local News: Weather, Traffic, Sports and more | Cleveland, Oh | WKYC.com

No action required to receive money from TurboTax settlement

Yes, you can check the status of a delayed tax refund

Yes, a Rhode Island bill aims to fine, tax eligible residents if they aren’t vaccinated against COVID-19

Yes, you still have to pay taxes even if you don’t have a bank account

No, filing a tax extension doesn’t increase your risk of being audited

Yes, you can file your taxes for free

Yes, if the deficit shrinks by $1.3 trillion it would be the largest one-year reduction ever

Yes, you do have to pay taxes on cryptocurrency

Yes, you have to pay taxes on the sale of NFTs

NFTs: Do you owe taxes if you make a profit?

Yes, 2021 unemployment benefits are taxable on this year’s federal returns

Yes, you need to claim the child tax credit on your 2021 return, even if you got advance payments

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