You can think of the 1040 like a math worksheet: You plug in various numbers from a schedule (Form 1040 will tell you ... for property or services); or (b) sell, exchange, or otherwise dispose ...

In light of the approaching April 15 tax filing deadline, this week’s update highlights recent developments in U.S. federal tax policy that may ...

Do you have altcoins or Bitcoin in your financial portfolio? Here’s everything you need to know about reporting ...

Like with almost any dollar you earn in the United States, if you earn rental income, you must report this on your taxes.

Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

The taxpayer failed to substantiate that a theft occurred or, if it did, its tax year of discovery for his investments in an ...

IRS Form 941, also known as the Employer's Quarterly ... semiweekly explain their tax liability for their deposits on Schedule B. There is a next-day deposit requirement for taxes exceeding ...

TaxAct's free version TaxAct offers a free version that lets you file Form 1040 and some popular tax ... Includes access to Schedule C and Schedule F. Access to tax pro support requires upgrading ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can ...