Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Filing taxes can be a daunting task, especially when dealing with missing or incorrect documents. Understanding the steps to ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.

5000-S8 Schedule 8 - Canada Pension Plan Contributions and Overpayment (for all except QC) 2025-01-21 5000-S7 Schedule 7 - RRSP, PRPP, and SPP Contributions and Transfers, and HBP and LLP Activities ...

With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease and for $0. Macy Meyer is a North Carolina native who graduated from ...

This isn’t enough to meet your federal tax liability when you file your Form 1040 individual tax return, so you’d owe $7,001 in taxes: $14,501 - $7,500 = $7,001. The IRS would refund you $499 ...

Microsoft's latest internal poll shows 65% of workers think working there is a "good deal." This is key for assessing work-life balance and compensation satisfaction at the software giant. Past ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...

Stock image/file photo: An IRS tax form with U.S. Dollars. Stock image/file photo: An IRS tax form with U.S. Dollars. GETTY ...

views on IRS collections and the debt ceiling. The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...