A: Forms 1040 and 1040A are the only two forms that have a line where ... If you find that filing a return is not required, you should file a federal income tax return to obtain a refund of any income ...

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

The rising level of federal debt, which the tax cuts would add to unless offset by increased revenues, will also be a topic for discussion. House Speaker Mike Johnson faces opposition within his ...

If you have been active in the crypto space, knowing what tax forms to expect and how to handle them is crucial. Here is a breakdown of what you should look out for from crypto platforms.

Read our guide to learn about how much you can save with the federal solar tax credit in 2024. The federal tax credit covers 30% of a consumer’s total solar system cost, which means you could ...

Taxpayers will have until April 15 in most states to file and pay their federal tax returns as the IRS is accepting returns ...

Attach Supporting Schedules Make sure all appropriate schedules and worksheets are attached to the return (i.e. K-1s, 8863-K, Schedule ITC, federal tax forms, etc.) Credit for Tax Paid to ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET, where he oversees the CNET Voices program and branded content division. He is also the finance columnist ...

“Form W-4. Employee's Withholding Certificate.” Internal Revenue Service. "Credits and Deductions for Individuals." Internal Revenue Service. "Federal Income Tax Rates and Brackets." Internal ...

The 2025 tax ... 2 forms. The IRS is promising that many residents in 25 states — but not Michigan — will be able to use a new "Direct File" program when they're filing their state and federal ...

Melanie Lauridsen, vice president of tax policy and advocacy for the American Institute of Certified Public Accountants (AICPA), wrote that the organization is watching for impacts on the federal ...

and a lot of uncertainty over the potential impact of tax cuts, tariffs and other economic policies in Donald Trump's second term as president. Here is a look at comments from Fed policymakers ...