IRS Form 941, also known as the Employer's Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security, and Medicare taxes withheld from their ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.

A simple return is typically prepared using IRS Form 1040, with income from a single source. Other aspects of a simple return include: W-2 income You are reporting limited interest and dividend ...

Stock image/file photo: An IRS tax form with U.S. Dollars. Stock image/file photo: An IRS tax form with U.S. Dollars. GETTY ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's what to do if you haven't gotten yours yet. Macy Meyer Writer II Macy Meyer is a North Carolina native who graduated from ...

The IRS has processed most of the 70 million tax returns received and refunded over $162 billion as of March 15. Taxpayers who filed electronically and opted for direct deposit will receive their ...

views on IRS collections and the debt ceiling. The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce ...

At close: March 28 at 4:00:02 PM EDT ...