Tax preparation companies define simple returns differently, but most free filing services are limited to basic Form 1040 ...

There is some variation to when forms needed to do your taxes will arrive, so it's good to start with contacting the firm ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

By creating an online account, you can avoid the need to call the IRS for all sorts of questions. And you can make a variety of payments online.

We cover everything to do with taxes on gambling winnings in the US, including claiming losses & what happens if you don’t ...

If distributions are subject to taxes, then the amount is added to Schedule 1 and attached to Form 1040, your federal tax ... on who received the money. For example, if the money goes directly ...

Financial aid professionals will be at IU Columbus, 4601 Central Ave. (Door 2), helping college-bound students and their ...

Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp ... has created a slot on Schedule 1 of Form 1040 to enter the amount that your client received a 1099-K for that isn’t taxable… ...

Contributing to an IRA is a smart move for retirement savings, but if you accidentally put in more than the IRS allows, you ...

For most retirees, Social Security income is indispensable. Although the average monthly retired-worker benefit to kick off ...

Between three and six thousand Americans have cut ties with the US each year since 2013, with many pointing to tax burdens ...