The free filing system was piloted last year and has since expanded to 25 states. For fiscal year 2023, the IRS processed nearly 271.5 million tax returns and other forms, and issued $659.1 billion in ...

Preparing your IRS taxes for the first time may seem daunting, but here are some return preparation and filing tips to start.

Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

Income tax season has begun. Individuals are expected to file more than 160 million federal returns for tax year 2024. Most will come in by the regular April 15 deadline, with automatic extensions to ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

"Always remember that the amount reported on a tax form is not necessarily the full amount that's taxable," Phillips said. If you sold something online, Phillips said, you probably paid something ...

The Performing Artist Tax Parity Act (PATPA) bill was reintroduced in the U.S. House of Representatives on Jan 24. This announcement marks the fifth time the bipartisan bill, originally introduced in ...

Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone ...

HIM, BUT WERE UNSUCCESSFUL. TAX SEASON OFFICIALLY KICKS OFF TODAY. THE IRS WILL NOW BEGIN ACCEPTING 2024 FEDERAL TAX RETURNS. THE AGENCY’S DIRECT FILE PROGRAM WILL ALSO BE OPEN IN 25 STATES. IT ALLOWS ...

PayPal exposed user Social Security numbers in tax form fix Company addressed issues promptly, New York regulator says PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an ...