Receiving an unexpected letter from the IRS can be unsettling, especially during the summer when many are planning vacations.

Key Highlights for IRS 1040 Tax Forms, Schedules, and Instructions for 2024. Form 1040 Revamp: The 2024 version of Form 1040 reflects a commitment to simplicity and user-friendliness.

The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable ...

TRAVERSE CITY, MI, UNITED STATES, October 24, 2024 / EINPresswire.com / -- The Internal Revenue Service (IRS) has recently released the instructions for Form 1040, providing taxpayers with clear ...

The Internal Revenue Service (IRS) has released tax form 1040-SR for senior taxpayers, including instructions and printable forms for the years 2023 and 2024. TRAVERSE CITY, MI, US, December 18 ...

Confused about a $1,400 stimulus check the IRS now wants back? Learn why the IRS is issuing repayment letters and how to ...

No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they imagined with a deduction.

Receiving an IRS adjustment letter can be unsettling, especially after the tax season has ended. Discover what these letters ...

When you overpay your taxes throughout the year, whether through paycheck withholdings or estimated tax payments, you’re ...

The IRS added a new question to the top of the 1040 tax form, aimed at identifying people who make money on cryptocurrency transactions. Cryptocurrency, or virtual currency, includes things like ...

Another significant change is the correction to the tax rate tables in the 2024 Form 1040 instructions. On page 127, the tax for married individuals filing separately with a taxable income over ...

The IRS has announced a one-time financial support of $1,700 for eligible families through the Child Tax Credit (CTC). This initiative aims to ease the tax burden for 2024 while promoting child ...