Navigating the complexities of the Premium Tax Credit can be daunting, but understanding who qualifies is the first step ...
There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
Even if canceled or forgiven debt was less than $600, the IRS still requires you to report it on your tax return (under the “other income” line on Form 1040 or 1040-SR). Form 1099-CAP ...
You can use the IRS’s online Tax Withholding Estimator. Your second option is to use the Multiple Jobs Worksheet that's provided on page 3 of the W-4 form along with detailed instructions.
Luckily, while the Internal Revenue Service (IRS) might seem intimidating, it offers several options to help taxpayers manage their tax liabilities without facing extreme financial hardship.
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...
The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...
So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...
A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...
Online tax software can help you file your tax return faster. Here's how to pick the right filing service. Danni Santana has spent seven years as an editor and business journalist covering ...
There's no catch-all service that can help anyone file for free. But there is likely an option for everybody. Danni Santana has spent seven years as an editor and business journalist covering ...