As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

Form 1099-NEC was resurrected in 2020 to address confusion related to dual-filing deadlines of Jan. 31 and ... it on line 8, “Other Income,” on Schedule 1 (1040). What Is a 1099-NEC Tax ...

The IRS requires reporting of this income for several reasons: You should receive a Form 1099-K from the payment provider by Jan. 31 of the ... K income on Schedule C of your Form 1040 if you ...

We list the best tax software, to make it simple and easy to manage your state and federal taxes, and file them accurately and on time. Picking the best tax software is a crucial part of keeping ...

Your employer, according to the IRS, is required to provide or send Form W-2, known as a "Wage and Tax Statement" to you no later than Jan. 31 ... (1040.com), ezTaxReturn.com, FileYourTaxes.com ...

Listen to a short summary Read by Dana G. Your browser does not support the audio element.Taxes are due on Tuesday, April 15, ...

At tax time, employees will receive a Form W-2 from their employer. (Note: A W-2 form should be issued to an employee by the deadline, which is on Jan. 31). Independent ... directly on Form 1040, ...

If you didn't have to file a tax return in the previous year, you are also not required to pay estimated tax. To calculate your estimated taxes, you can use Form 1040 ES and follow the instructions ...