Did you make a mistake on your tax return or realize you missed out on a valuable tax deduction or credit? You can file an amended tax return to make the correction. Filing an amended tax return with the IRS is a straightforward process. This article inc
The IRS has made it easy to check the status of your income tax return online with their "Where's My Refund" web page.
Washington doesn’t have a state income tax, so if you live—and earned income—in Washington, there’s no Washington refund to track. If you’d like to track your federal (IRS) refund, go here. What if I live in Washington and earned income in another state?
Your lender is required to provide you with a Form 1098, Mortgage Interest Statement, each year if you paid $600 or more in interest. The $600 threshold includes both regular interest and any points. For example, as the IRS explains in its instructions to lenders, "if a borrower pays poi...
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With few exceptions, your Social Security card should be one of the first things you update following a legal name change. Often, this will be the document that the IRS and other government agencies require when updating other records.
1. Look in your mailbox for Form 1098 Your mortgage lender should send you a Form 1098 in January or early February. It details how much you paid in mortgage interest and points during the previous year. Your lender sends a copy of that 1098 to the IRS, which will try to match it ...
What Is Form W-9? A W-9 form is an Internal Revenue Service (IRS) tax form that is used to confirm a person's name, address, andtaxpayer identification number (TIN)for employment or other income-generating purposes. The confirmation can be requested for either an individual defined as a...
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If you fail to make your full distribution, the IRS can subject you to a tax penalty of 25% of the amount you need to withdraw. If you correct your mistakewithin two years, the agency may decrease the penalty to 10%. You might be able to get the penalty waived if you establish the...