Do you have altcoins or Bitcoin in your financial portfolio? Here’s everything you need to know about reporting ...

The IRS has made significant changes to Form 6765, 'Credit for Increasing Research Activities,' with new requirements set to ...

Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...

When a married couple files a joint tax return, both spouses typically share responsibility for any tax liabilities. However, ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

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 ...

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 ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting requirements affect your taxes in 2024.

The IRS instructions for Form 1040 typically include a table to help you calculate the standard deduction available to you based on when you (and your spouse, if applicable) were born and whether ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

The incidence of scams tends to increase during the annual tax-filing season ... being loaded on your device or to "a fraudulent form asking for personal or financial information." ...