News

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, ...
The IRS really wants to know about your cryptocurrency. For tax year 2020 the IRS moved the cryptocurrency question from Schedule 1 of the Form 1040, where it was in 2019, to the much more ...
The promise of a postcard IRS 1040 form is a political slight-of-hand magic trick that could never work. The Dallas Morning News Watchdog Dave Lieber shows why.
-- Form 1040-NR. This form may need to be filled out by someone who is not a U.S. citizen, U.S. national and does not yet have a green card or has not met the IRS requirement known as the ...
The “Amount You Owe” section of the form includes a new cautionary note, saying, “Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for 2020.
The Internal Revenue Service has released a draft version of the Form 1040 for next tax season, with an expanded question about virtual currencies, now referred to as digital assets, along with other ...