The documents you need for tax prep depend on your situation. To help you prepare for your tax appointment or for filing your own taxes, we’ve created a checklist to help you know what forms to bring. Print Personal Information Tax Identification Numbers are mandatory items on your checklist...
AI is intersecting with many aspects of our daily lives, and it has extended to tax filing this year.
This overview on whether you need to file a tax return (i.e. the minimum income when you are required to file taxes) has been updated for the 2025 tax season (for 2024 tax year filing).As thetax start dateand inevitabletax deadlinesapproach, I wanted to share something that may come a...
Filing taxes might not be at the top of your to-do list each spring, but you should strongly consider it if you earn income—no matter how much or how little.
Self-employed taxpayers likely need to pay quarterly tax payments and meet key IRS deadlines. Here’s a closer look at how quarterly taxes work and what you need to know when filing your tax returns.
Expand the Taxes and forms section. Uncheck the Automate taxes and forms box. Click Save and Done. After filing the W-2 forms, do you need a report to help you determine your previous year's liabilities? This article can help you accomplish that: Run payrol...
Filing taxes with TurboTax is simple. If you have never used TurboTax, you should not worry as the TurboTax website will guide you through the procedure. However, you need to create a TurboTax online account if you do not have one. Follow these steps when filing taxes with TurboTax. ...
Although the IRS will not start accepting and processing tax returns until Jan. 29, people don’t need to wait until then to work on their taxes if they’re using online tax filing software packages likeTurboTaxandH&R Block. The filing deadline for the regular tax se...
Not everyone is required to file federal taxes. Your tax filing status and gross income are the primary factors that determine whether you need to file. Most states require that you file a state tax return if you file a federal one. ...
Married-filing-jointly filers can expect an increase of $1,500 for a deduction amount of $29,200. 3. Certain tax credits and deductions changed First things first: Know the difference between a tax credit, which reduces the dollar amount of taxes you owe, and a tax deduction, which ...