That website is IRS Direct File, which was well reviewed but little used in its 2024 debut as a free alternative to online ...

The fate of the IRS Direct File program remains unclear as Elon Musk and the Department of Government Efficiency cleave their ...

Crypto assets must be reported on tax returns like any other property when they are sold. If you take a loss when selling it ...

While it might seem too expensive to splurge on premium tax software and services, people with more complicated tax ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

When that refund comes in depends on when you file your tax return and the processing time with the IRS. And it also depends on how you file. If you file (or have filed) electronically and choose ...

If you have a capital loss in 2024, you can use it to reduce any capital gains you had in the year, to a balance of zero. If your capital losses are more than your capital gains, you may have a net ...

including using IRS Form 1040 only, without attaching other forms or schedules. TaxAct covers W-2 income, unemployment income and retirement income. You can claim earned income tax credits ...

You’ll learn which Venmo transactions the Internal Revenue Service ... tax on that money. You’ll need to report that income when you file your tax return, even if you don’t receive Form ...

Report the interest on line 12100 of your tax return. You have to calculate the average cost of each share at the time of the split to determine your new adjusted cost base. The average cost is ...