CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

Form 5329 reports a taxpayer's use of a tax-advantaged savings plan that is subject to an IRS penalty. The form is filled out and submitted by the taxpayer with an annual Form 1040 or Form 1040-SR.

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 ...

You’ve found out you owe the IRS and now what do you do? First don’t panic and try to find out what the problem ...

Don’t let important tax filing deadlines sneak up on you. While personal taxes are due on April 15, 2025, certain types of ...

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 ...

The IRS is currently sitting on about $92.3 million, ready to be dispersed among 116,300 state taxpayers who have yet to file their returns for that tax year, the agency said in a news release ...

If you owe a lot in taxes each year, the IRS notes, you can ask your employer to withhold more tax from your earnings. You'd file a new Form W-4 with your employer. You can use a special line on ...

The phishing scam contains a fake link that mimics an official IRS website. Clicking on it could lead to malware or a fraudulent form asking for personal or financial information. Be aware that ...

Taxpayer representatives, such as attorneys and certified public accountants, can access records only if authorized via IRS Form 2848 (Power of Attorney) or IRS Form 8821 (Tax Information ...

Scammers pretending to be from the Internal Revenue Service (IRS) have been texting taxpayers ... loaded on your device or to "a fraudulent form asking for personal or financial information." ...