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 ...
Crypto assets must be reported on tax returns like any other property when they are sold. If you take a loss when selling it ...
While it might seem too expensive to splurge on premium tax software and services, people with more complicated tax ...
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 ...
IRS reporting requirements Form 1099-K is an ... not business earnings (the two are subject to different tax rates). Use Form 8949 to report your original purchase price and the sale price and ...
TaxAct lets you file your taxes for free if you meet certain conditions, including using IRS Form 1040 only ... taxes using forms 1098, 1049 and 8949. You can also account for health savings ...
However, the Internal Revenue Service (IRS) classifies all gold — including ... Your capital gains on gold must be reported on Form 8949, Sales and Other Dispositions of Capital Assets, for ...
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 ...
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems. By Tara Siegel Bernard It’s a tax season unlike any other: As millions of Americans ...
Doug O’Donnell, the acting head of the IRS, is expected to announce his retirement on Tuesday amid turbulence at the tax collection agency, according to a person familiar with his plans.
The IRS treats second homes as a capital asset ... To report capital gains losses, you'll need to submit Form 8949 with your tax return.