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 ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

Editor: Greg A. Fairbanks, J.D., LL.M. The IRS released a draft form in summer 2024, with subsequent revisions and draft instructions, that partners will use, starting with tax years beginning in 2024 ...

It started with a binder. A thick, three-ring monstrosity packed with hundreds of pages, color-coded tabs, and tax forms with names like Schedule C and Form 8880, all stacked neatly in front of me ...

A simple return is typically prepared using IRS Form 1040, with income from a single source. Other aspects of a simple return include: W-2 income You are reporting limited interest and dividend ...

Stock image/file photo: An IRS tax form with U.S. Dollars. Stock image/file photo: An IRS tax form with U.S. Dollars. GETTY ...

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 ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's what to do if you haven't gotten yours yet. Macy Meyer Writer II Macy Meyer is a North Carolina native who graduated from ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.