Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this ...

"Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible." ...

Free and low-cost tax preparation services can ease the stress for retirees living on a fixed income during tax season. Offered by trusted online software, volunteer organizations and affordable ...

Governor Kathy Hochul announced that New Yorkers will be able to file their taxes online for free thanks to Direct File ...

You can file state and federal returns for free with access to nearly every IRS form and schedule, although there's no real professional support and multistate returns aren't supported.

The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...

Best tax filing software for small business owners Best for user experience: TurboTax Best for variety of support options: H&R Block Best free tax software: FreeTaxUSA Best affordable software ...

Standard deduction A fixed dollar amount based on your income and tax filing status that reduces the amount you’re taxed on. Consider it tax-free income ... You can use Form W-4 to reduce ...

Danni Santana has spent seven years as an editor and business journalist covering industries like sports, retail, restaurants, and now personal finance. Most recently he worked as a retail editor ...

According to the IRS, here's how much you have to have made in 2024 to be required to file taxes in 2025 and the general rules for whether you need to file a federal tax return this year.