Form 16 helps salaried individuals file accurate ITRs by detailing income, TDS, exemptions, and deductions, ensuring smooth ...

Discover the simple rule that can help you identify profitable rental properties for retirement income. Learn how to apply ...

With the ITR filing season for Assessment Year 2025–26 underway, many individual taxpayers have begun collecting key ...

The Central Board of Direct Taxes (CBDT) has notified the key Income Tax Return (ITR) forms for the financial year 2024-2025 (assessment year 2025-2026), allowing taxpayers to file their returns.

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax ...

Filing your Income Tax Return (ITR) without Form 16 may sound tricky, but it's entirely possible. All you need is a clear understanding of your income, deductions, and the correct process.

ITR Filing 2025: For the financial year 2024–25 (assessment year 2025–26), the Income Tax Department has already released all forms—from ITR-1 to ITR-7. To file your Income Tax Return (ITR) on the ...

With the government notifying all the seven ITR Forms for the Assessment Year 2025-26, the tax filing season has finally begun. Individuals and businesses declare their income, deductions and tax ...

Income Tax Return AY 2025-26: Even as the finance ministry has notified ITR-1, ITR-3, ITR-4 and ITR-5, the income tax return filing for AY 2025-26 (financial year 2024-25) is expected to start soon.

Before filing your Income Tax Return for the 2024-25 financial year, you must prepare thoroughly — from choosing the right form and tax regime to verifying documents and deductions.

The Central Board of Direct Taxes (CBDT) has introduced a new income tax return form, ITR-B, specifically designed for disclosing undisclosed income identified during search and seizure operations.

You must report rental income directly to the IRS using Schedule E on Form 1040. The IRS matches data from these forms with other sources, such as landlord reports, third-party reporting services ...