How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Navigating the complexities of the Premium Tax Credit can be daunting, but understanding who qualifies is the first step ...

An IRS Form 1095 will give you proof of health insurance for ... Using the 1095-A as proof you have health insurance, you can then complete Form 8962 to file with your tax returns. This will calculate ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...

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

Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...

Languages: English. With the Internal Revenue Service (IRS) processing about 140 million tax returns annually and issuing refunds averaging $3,100 per filer, even minor slowdowns could affect ...

On its website, the IRS wrote that this means those with job offers with a start date after Feb. 8 will be revoked. With the tax filing season recently starting and lasting until April 15 ...

If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.