Browsing: Tax

Form 1099-H was last used for tax year 2023 and was issued to people who received advance payments of the health coverage tax credit (HCTC) to…

Filing taxes in the United States could be free and simple for everyone — if only tax prep companies weren’t lobbying to keep it so complicated.…

Democratic presidential candidate Kamala Harris (R) shakes hands with Republican presidential … [+] candidate Donald Trump during a presidential debate in Philadelphia, Pennsylvania, on September 10,…

Tax Day traditionally falls on April 15, but because of a well-placed weekend and Emancipation Day, we all get a little extra time this year. The…

Did you receive Form 1099-Q this tax year? The Internal Revenue Service (IRS) requires payers to send you this tax form if you took distributions from…

Momo Productions | Digitalvision | Getty ImagesChild tax credit for 2025The refundable portion of the child tax credit — a tax break parents can take for…

The Internal Revenue Service (IRS) uses Form 1099-R to report income from retirement distributions, including withdrawals, rollovers, and conversions. Meanwhile, Forms RRB-1099 and RRB-1099-R report railroad…

Christopher Grigat | Moment | Getty ImagesInvestors can generally reduce their tax losses in a portfolio by using exchange-traded funds over mutual funds, experts said.”ETFs come…

Health savings accounts have become popular workplace perks with significant tax-advantaged investment opportunities — but many Americans have no idea how they work. About 26 million people…

Updated for tax year 2024. Ah, the ultimate tax question: What should you do if you owe more taxes to the Internal Revenue Service (IRS) than…