Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
You may be surprised to discover that unemployment benefits are taxable. These payouts are subject to federal income taxes and, depending on where you live, state income taxes. But don't ...
Here’s how to claim the child tax credit. Parents and guardians who make less than $200,000 a year ($400,000 if filing ...
The sooner you finish your taxes, the sooner you'll receive your tax refund, if you have one coming. But even if you do tend to wait until the last moment or plan on filing an October 15 ...
The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it ...
Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything you need to know before filing your taxes.
These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.
Here’s what to know about Form 1099-K: If you bought several concert tickets, for example, and resold them ... a new space at the top of Form 1040’s Schedule 1 for reporting “additional ...
As interest in crypto asset builds among wealthy clients, the IRS has changed how must taxpayers report the holdings and has made cryptocurrency transactions subject to third-party reporting—meaning ...
Tax preparation companies define simple returns differently, but most free filing services are limited to basic Form 1040 returns.
TurboTax, for example, notes that it partners with hundreds ... including adjusted gross income or AGI from your original Form 1040, along with any forms and schedules. It helps to have the ...