Though the billionaire presidential adviser created confusion when he said he’d “deleted” the agency behind it, the free ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...

Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.

offsetting tax potentially owed on future gains. Form 1099-C documents the cancellation of debt. If your debt was forgiven, your lender will send that documentation to both you and the IRS.

The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which has now been expanded to 25 states. It allows taxpayers to submit simple tax returns directly with the government ...

If you earn money on PayPal, Venmo, Cash App or another third-party payment app, the IRS will know about it. Third party payment platforms are required to send you a 1099-K tax form if you made ...

There's no guidance and only limited calculations, but you can still fill out the free electronic forms using IRS instructions. This option doesn't include any state tax preparation. Tax software ...

or paper forms, that answer is simple. The IRS says e-filing is the easiest, fastest and most efficient way to file. Filing digitally will also ensure your tax refund gets to you sooner [0 ...