The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or the ...

Filing your federal tax return to the Internal Revenue Service (IRS) starts with having the right forms in hand. Whether you choose to e-file or submit a paper return, being well-prepared is essential ...

The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might ...

The Trump administration is planning to end the free tax filing service developed during the Biden administration, The ...

As the tax deadline looms, understanding how to request an automatic extension can save you from costly penalties. Form 4868 ...

Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work ...

Where federal tax brackets and rates will land next year depends whether Congress extends the 2017 tax cuts for individuals that expire at year-end. That law kept the former seven brackets ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.

Many top tax prep companies have a free tier for filers with a simple tax return, the most basic version you can file. A simple return is typically prepared using IRS Form 1040, with income from a ...

If you need additional forms or schedules to itemize your deductions or report 1099 income, you'll generally have to upgrade to a paid version of the tax software. The IRS's Direct File program ...