Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...
The IRS has three different versions of the Form 1040 that you can use to file your taxes: 1040, 1040-SR, and 1040-NR. Here are the key differences. The IRS has over 800 different forms and schedules ...
Side hustle earnings are taxable and must be reported, even without a 1099 form. Self-employment tax covers Social Security and Medicare contributions. Organized recordkeeping helps maximize ...
Tax season is coming. Find out the new 2025 minimum income thresholds to see if you are required to file a federal tax return ...
Danni Santana spent nine years as an editor and business journalist covering industries including sports, retail, restaurants, and personal finance. He is a graduate of the Craig Newmark Graduate ...
WASHINGTON ? The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it ...
With about a month left to get your taxes in, you need to know which form you'll need to file your return. Individuals can choose from three different forms that vary in complexity from the shortest ...
Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...
Taxpayers are now able to file amended returns electronically in more of the Form 1040 series, the IRS announced Thursday in a news release. In addition, the IRS announced it has added a checkbox to ...
When tax filing season begins in a few weeks, you’ll likely hear senior Trump Administration officials and some congressional Republicans boasting yet again about how the 2017 Tax Cuts and Jobs Act ...
The IRS announced Thursday that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, “later this summer” (IR-2020-107). According to the IRS, making ...