You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

An offer in compromise may allow you to pay off your outstanding tax bill at a lower amount. You must qualify and fill out the pre-qualifier tool to see if you're eligible. If you are eligible, fill ...

And there are some good reasons to file your tax return electronically instead of mailing in a paper form: You’ll get your refund sooner by filing online. A lot sooner. The IRS says that if you file ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position that digital assets are treated the same as other property and are taxed ...

The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...

“The IRS wants to get the message out that they ... you must report it as a capital gain on Form 8949 and Schedule D. Taxpayers shouldn’t be immediately concerned about this having an ...