If you’re a homeowner paying monthly dues to a homeowners association (HOA), you might be wondering: Are HOA fees tax ...

The IRS requires Solo 401k plan owners with more than $250,000 in their plan to file a Form 5500-EZ every year. The form ...

President Trump said that tariffs would generate so much income that Americans would no longer need to pay income taxes.

House Republicans rolled out the first pieces of a roughly $4 trillion tax cut they hope to pass, including measures that ...

Individuals who had a state adjusted gross income, or AGI, of $150,000 or less for 2023 will get a check, along with joint ...

The Tax Foundation, based in Washington, D.C., has ranked Louisiana as the lowest-rated sales tax system in part because of this lack of uniformity, noted Julie Stokes. As a Republican state ...

For example, for tax-year 2024, barring changes in tax law, to owe $7,500 you’d need a taxable income (IRS Form 1040, line 15) of at least $55,400 as a single filer, $62,700 for a head of ...

Jacques’s legal representative should write and ask for an adjustment to the 2024 income tax and benefit return to allow the $35,000 post‑death loss to be deducted on line 23200. The completed Form ...

wichayada suwanachun / Getty Images Tax-exempt interest is ... "Instructions for Form 1099-DIV," Page 4. Internal Revenue Service. "Form 1040," Page 1. Internal Revenue Service.

For example, TurboTax’s Basic plan only allows simple tax returns with 1040 forms — no unemployment income, stock sales or any itemized deductions like mortgage interest. Can I claim the Child ...

Those impacted by the wildfires in California, for example, have been given until ... TurboTax's basic edition accepts Form 1040 and limited tax credits. The company claims 37% of filers are ...

Simple Form 1040 returns only (no schedules except ... from Form W-2 and taking the standard deduction, for example — using tax software probably makes sense. If you own a business, itemize ...