How you fill out Form W-4 determines how much your employer withholds for taxes. You need to get it right so you don’t end up ...

How do federal tax returns work? Broadly, when the term “tax return” is used, it is usually in reference to the main tax form needed to report income — Form 1040.

Key Takeaways Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible.

Make sure you use the version corresponding to the tax year of the return you’re amending. Step 3: Complete Form 1040-X Form 1040-X is divided into three columns: ...

Here is a list of some tax forms you might need to fill out and what they do: Form 1040: If you’re using a tax filing service, like the IRS’s Free File service, they’ll have this form ready ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

The tax forms have started arriving, increasingly by email. Most of our clients either put everything in a folder, virtual or paper, and hand it over to an accountant or upload it to TurboTax and ...