you need to divide your total tax by your taxable income. You can find your total tax on line 24 of Form 1040 and your taxable income on line 15. Have over $7,500 in tax debt? A tax relief ...

This required tax form controls how much tax will be ... You have three options here as well. Your first choice is to enter the extra income you want to account for, such as from that gig work ...

But what if you owe the IRS money and you don’t have the cash to pay up? If you don’t pay, you’ll be charged penalties and interest. However, taking a few steps now could help you avoid some fees and ...

Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

Attach Schedule R to Form 1040: Submit the completed schedule with your federal income tax return. Maintain documentation: Keep records proving your eligibility, such as disability statements from ...

To file for an extension on your federal income tax, taxpayers can fill out Form 4868 by April 15 to. Filling out this form will give filers six more months to complete their tax return ...

Whether you filed early or not, by law the IRS ... form. Through e-filing, you should receive your refund faster. You can e-file with IRS Free File or tax preparation software. What is the IRS ...

equivalent to a paper 1040 form. It provides a free option to taxpayers whose AGI is greater than $84,000. This option offers no state tax preparation or filing. The IRS’s Volunteer Income Tax ...