April 15, too. Just send the Internal Revenue Service Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. But some taxpayers get a bit more time to ask for more filing time. Already extended disaster area taxpayers: As noted in my Tax...Read...
However, these beneficiaries must ensure that any RMDs required for 2025 are taken by Dec. 31, 2025. Missing this deadline will mean they owe the IRS a 25% excise tax on any RMD shortfall. If they miss the deadline due to reasonable error, their tax preparer may file IRS Form 5329 ...
Investing and saving for retirement becomes a lot easier when you know the rules associated with your accounts. This includes knowing the process of transferring your money from an IRA. When you doan IRA transfer, you effectively move your money from an IRA into another account between two firms...
IRA Roth IRA Social Security income tax financial planning Recently Popular Articles IRA RMD Reporting The Net Investment Income Tax and How to Avoid It 8 Things to Consider Before Rolling Over Your 401(k) Windfall Elimination Provision May Impact Spousal Benefits but not Survivor Benefits The...
Prior year tax returns are available from the IRS for a fee. Taxpayers can request a copy of a tax return by completing and mailingForm 4506to the IRS address listed on the form. There’s a $43 fee for each copy and these are available for the current tax year and up to seven years...
visit IRS website’s Offer in Compromise page for more information. There taxpayers can find step-by-step instructions as well as the required forms. Taxpayers can download forms anytime atwww.irs.gov/formsor call 800-TAX-FORM(800-829-3676) and ask forForm 656-B, Offer in Compromise ...
5. Has Options.You can split your refund into several financial accounts. These include checking, savings and certain retirement, health and education accounts. Use IRSForm 8888, Allocation of Refund (Including Savings Bond Purchases), to split your refund between up to three accounts. Don’t us...
tax return, it will cost $57 for each tax year you order. Complete form 4506, Request for Copy of Tax Return, and mail it to the RIS address listed on the form for your area. Copies are generally available for the current year and past six years. Please allow 60 days for delivery....
A new scam is making the rounds - a caller impersonates an IRS agent and demands payment in the form of a gift card. Here's what to look out for.