You should file ITR-3 if you run a business or work as a self-employed professional, regardless of whether a tax audit is ...

In simple terms, income tax is money you pay to the government based on the income you earn — whether from salary, freelance jobs, rental properties, business profits, interest from savings, or other ...

The Central Board of Direct Taxes is updating income tax return forms. This aims to address income underreporting. The new ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

It should be taken into account that the following benefits are taxed as earned income: pensions from the Social Security and Passive Classes; benefits received by the beneficiaries of mutual ...

Learn about the Medicare IRMAA surcharge, how it's calculated, and how high-income retirees can plan to minimize its impact.

Income Tax Return: The government has notified the ITR ... which was introduced in Parliament in February. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number ...

If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know about the most important tax filing document of all—Form 1040.

Equity income portfolios can be thought of as well diversified stand-alone portfolios, or as a high yielding component of a ...

Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common ...

When you earn income from the rental of a home, apartment, condo or other property, you will report both gross and net income on the T1 tax return using Form T776 (Statement of Real Estate Rentals).