If your business is a partnership or LLC, you'll need this step-by-step guide to IRS Form 1065. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Forms 1099 come in many varieties, including 1099-INT for interest, 1099-DIV for dividends, 1099-G for tax refunds, 1099-R for pensions, and 1099-MISC for miscellaneous income.

The IRS has officially kicked off the 2025 tax season, preparing to process over 140 million individual tax returns by the April 15 deadline.

Instead, an IRS employee manually enters each digit from the form into the agency’s system – a process that resulted in transcription errors on about 22% of paper returns in 2021.

2. 1040 The IRS sends out Form1040 for individuals to U.S. taxpayers in order to file their annual income tax return.

The Internal Revenue Service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software, in what the agency called a “major ...

The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024 and $2,500 in 2025 before reaching the ...

Form 1040 is the U.S. individual income tax return – and the new draft is a peek into what taxpayers are likely to be using during next year’s filing season.

The rule that calls for the new 1099-DA isn't finished, yet, but the U.S. tax agency has shared what the form might look like to report brokered sales of digital assets. By Jesse Hamilton |Edited ...