Tax Returns

The Internal Revenue Service (IRS) designates specific forms to be used to claim specific types of income. Form 1041 is used to claim income earned by estates and trusts.

The Internal Revenue Service allows you to check the status of your tax refund securely on the Internet with the "Where's My Refund?" feature at IRS.gov. You can use the service to track your...

Many people look forward every year to receiving a sizable tax refund. While many taxpayers look at it as a bonus, it is actually their own money they are receiving. Tax refunds result when excess...

If you are expecting money back from Uncle Sam you probably want to get your hands on that cash as quickly as possible. You could take out a refund anticipation loan and walk out of the tax...

A tax levy can be placed against an individual for taxes that have not been paid to the IRS or the state. A levy allows the collector to put a claim on your assets, which will be sold to pay for...

A tax lien from the IRS occurs when the tax office makes a legal claim against your property and assets to collect unpaid taxes. A tax lien is an extreme measure taken by the IRS when the agency...

Tax return documents provide lots of information, and you might need access to them even after the tax year has passed. When you file online, you enjoy the benefit of a digital copy of your tax...

When filing taxes it is easy to miss out on certain deductions and credits. One easy to miss is credits owed for children. The Internal Revenue Service (IRS) allows you to claim credit for...

During tax season, "Where's my refund?" is a common question from taxpayers. The Internal Revenue Service does not provide an official schedule stating when refunds are issued, but it does provide...

If you need more time to prepare your federal tax return and submit it to the Internal Revenue Service, there are options available. There are several ways to file form 4868, but filing...

Self-employed people who operate a one-person business need to fill out Schedule C when filing their federal income tax returns. It is titled "Profit or Loss From Business." For Internal Revenue...

Owing taxes to the IRS can be stressful and costly. Failure to pay taxes can result in fines, liens or worse. While the best way to avoid such a thing is to always pay your taxes on time, it is...

Tax levies is when you owe taxes to the state or federal government and have failed to pay after an initial and final warning period. A tax levy requires you to liquidate your assets to pay off...

When you file your taxes, there are a number of credits you can claim. These credits can include the first time home buyer credit, energy credits who made their homes green energy efficient, and...

Filing your taxes is a requirement every year. For some filers, getting taxes in on time, or completing them thoroughly, is not possible. If you have delinquent taxes you may be liable for fines...

Filling out your income taxes can be a difficult and frustrating part of the financial year. Doing it right depends on so many factors that it is easy to feel buried under the pressure. Your...

The deadline for filing your taxes is April 15, unless you've requested and received an extension. Every year, an estimated 7 million Americans do not file their taxes. Many don't get caught, but...

Have you searched everywhere for the IRS letter detailing your 2007 tax stimulus-rebate amount? If you need to know how much your rebate was, check out the IRS website. It offers a great utility...

Most U.S. residents must file a tax return every year, and there are a variety of ways you can file. You can go through the traditional process of mailing your tax return in to the IRS, or you can...

Filing tax returns is something that most every working citizen must do every year. Traditionally, you had to file your tax return by filling in the paperwork manually and mailing it to the IRS....

Occasionally, taxpayers are required to present a transcript of their return as verification of income. Financial aid, mortgage, and loan applications all require tax return transcripts as part...

If you are wondering why you haven't received your federal income tax refund, there are three ways to check the status of your IRS tax return's status. Electronic filers can go to the IRS website...

Facing a tax audit is enough to strike fear in even the most intrepid taxpayer. The Internal Revenue Service is one of the most feared organizations on Earth, and it is no wonder so many people...

Playing a waiting game is never enjoyable. It becomes even more painful when waiting for money. Fortunately, the Internet makes playing this waiting game far less painful. In most cases, the...

The IRS provides a website feature for checking the status of any filed tax return, both e-filed and traditional paper-filed returns. It is free of charge and available at any time of the day. All...

Taxpayers who file their federal returns electronically with the U.S. Internal Revenue Service (IRS) will get their refunds substantially faster than those who send in their returns via the postal...

The Internal Revenue Service (IRS) and most state tax agencies make it easy to retrieve copies of your previous years' taxes. Depending on the format you need, these returns may be available free...

If you have filed your federal tax return and want to know if the Internal Revenue Service has received it or when you can expect to receive your refund, it takes only a few minutes to contact the...

Click the "Send" button, stamp and mail an envelope, and the waiting begins. Fortunately, the Internet makes playing this waiting game far less painful. Whether you mailed a tax return or filed it...

A copy of a previous year's tax return is available from the Internal Revenue Service (IRS). The IRS offers two versions. The first is an exact facsimile of your completed tax return. There is a...

Income tax records are available from the IRS for past years. You can order a copy of your tax return from any previous year for any necessary purpose. Federal tax documents are often used as...

A Schedule C is an IRS form filed with a 1040 tax return that reports profit or loss from a sole-proprietorship business. It is made up of five sections. A filer who has diligently kept records...

Whether you're preparing your annual tax returns or waiting for your refund to come, you may occasionally encounter problems during the process. It's important for you to know whom to contact when...

Students have the benefit of some of their financial aid not having to count as taxable income. There are a number of tax deductions and credits available for students. Tax credits reduce the...

Not everyone is required to file a federal income tax return. You may be able to skip completing an individual tax return for the Internal Revenue Service (IRS) by knowing the requirements.

Few things are more stressful than receiving a tax audit notification letter from the federal Internal Revenue Service. But not every audit results in additional tax or penalties due to the...

Are you watching your bank account or mailbox waiting for your tax refund to arrive? If so, wait no longer. Gone are the days of wondering if your tax return was received, much less if your...

IRS form 1041 is used by fiduciary trust entities for the purpose of calculating the trust's total tax liability for a given year. Form 1041 is also required for decendents' estates that earn more...

Once you file your taxes, it can be an anxious wait until you get your return check, especially if it's a big check. You mail your taxes off or e-file them and then just wait and wait. Well, the...

You've done your taxes, and now you're wondering about your return. There's a quick and easy way to track your status. Whether you requested a check or direct deposit, the IRS has a website for...

There are many reasons why you might need copies of old tax returns. You may need to provide proof of your income from a specific calendar year in order to qualify for a loan, or maybe you've...

Taxes have to be filed every year, and depending on employment status and other considerations such as having a child or donating to charity, the filing may result in a tax refund. If it's clear...

Form 6251, or the Alternative Minimum Tax Form for individuals, is a form that some taxpayers must complete and file with their federal tax returns. It applies to taxpayers who receive income from...

April 15 is the deadline for taxpayers to file a federal tax return unless an extension is requested. You can prepare your own taxes on paper or with software programs, or you can hire a...

Filing your annual income tax return does not have to be arduous and time-consuming. Even though it is not the most fun you will ever have, individual income tax instructions can make the process...

Each year there are continual changes to the United States tax system. These come in regards to types, proportions, and magnitude of various tax laws and codes. Some of these changes are based on...

There are a number of ways to reduce your taxable income on your tax return. Because of the progressive tax structure the United States uses, the more taxable income you have, the higher...

You are free to use the Form 1040 for your taxes no matter what your income is, but you are required to use the form if your taxable income exceeds $100,000. The limit is the same no matter what...

If you have misplaced your tax return from last year, it is very easy to contact the Internal Revenue Service (IRS) and request a copy of your tax return information. There are a few reasons you...

Tax record retention requirements depend on a variety of factors. Are you in business? Did you commit fraud? Do you own assets not fully depreciated? These are just a few to be aware of; however,...