Updated for tax year 2019.
When you start a new job as an employee, your new employer typically asks you to complete Form W-4, Employee Withholding Certificate.
This document is a one-page Internal Revenue Service (IRS) form. It tells your em…
If you’re traditionally employed, you’re likely familiar with Form W-4. It’s the tax form used to select how much money you want to be withheld from your paychecks to pay your tax liability. If you don’t keep up with your tax payments throughout the ye…
Tax reform of 2017 promised us shorter, simpler, tax forms. We even were told that we might be able to file on a form the size of a postcard – although we may have wondered how that would work out.
The Internal Reve…
At the beginning of every tax season, you receive informational tax forms in the mail from your places of employment, financial institutions and all other organizations you did business with throughout the year that the Internal Revenue Service wants t…
At the end of June, the IRS released an early draft of the newly revised Form 1040. If you’re not familiar with that term, Form 1040 is the standard tax form individuals use to file their income tax returns. For instance, if you itemized your ded…
What Are Tax Forms?
Income tax forms are the official government documents the IRS requires you to fill out when you file your taxes. Usually the more complicated your finances are the more tax forms you may need to fill out.
On top of the federal tax…
When it comes time to file your taxes, it can feel like there are an endless amount of forms, options, and different qualifiers. How do you know what forms you should fill out?The main form filers use is called the Internal Revenue Service (IRS) Form 1…
