As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

“The IRS tried to reduce the form to ... unless there is something specifically in the tax code that doesn’t include it.” Form 1040-SR is relatively new. "It's available for use for those ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...

Tax returns are annual, and getting them filed also means starting the clock ticking for how long the IRS has to audit you.

The IRS expects more than 140 million individual tax returns for the tax year 2024 to be filed before the April 15 federal ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Taxpayers can check if they qualify by using the IRS website. You must file Form 1040, U.S. Individual Income Tax Return or Form 1040-SR, U.S. Tax Return for Seniors. If you are claiming the ...

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 2025 tax season opened for individual filers on Jan. 27. Here are some key things to know before filing your return.