Applying for an Individual Taxpayer Identification Number (ITIN) can be necessary for non-U.S. citizens or unauthorized residents who can’t otherwise get a Social Security Number. Learn more about the process, …
Form 5498: IRA Contribution Information (Info Copy Only)
IRS Form 5498: IRA Contribution Information is a document sent to the IRS and you by your IRA trustee or custodian. It reports contributions, Roth IRA conversions, rollovers, and required …
Form 1040-X: Amended U.S. Individual Income Tax Return
Filing an amended tax return with Form 1040-X is used by taxpayers to correct errors made on previously filed federal tax returns. Common corrections on 1040-X forms include filing status, …
Form W-9: Request for Taxpayer Identification Number and Certification
Understand your responsibilities as an independent contractor or freelancer when filling out the IRS Form W-9. From what type of information is requested to red flags to watch out for, …
Form W-2: Wage and Tax Statement
Form W-2 (also known as the Wage and Tax Statement) is a document that employers must provide to their employees and to the Internal Revenue Service (IRS). It reflects an …
Form 4563: Exclusion of Income for Bona Fide Residents of American Samoa
Form 4563 is a tax form created by the IRS to determine the amount of income earned in American Samoa that should be excluded from a taxpayer’s gross income. It …
Form 944: Employer’s Annual Federal Tax Return
For small business owners who pay less than $1,000 in payroll taxes annually, understanding IRS Form 944 could be the key to simplifying the process and saving money. Learn more …
Form W-4: Employee’s Withholding Certificate
A W-4, Employees Withholding Certificate, is an important form to fill out when you begin a new job. This form indicates how much tax your employer will need to withhold …
Form 4562: Depreciation and Amortization
Form 4562: Depreciation and Amortization is an Internal Revenue Service (IRS) form used to claim deductions for the depreciation or amortization of an asset, expense certain property, and more. Anyone …
Form 2210: Underpayment of Estimated Tax by Individuals, Estates and Trusts
Failing to pay estimated taxes to the IRS correctly can result in penalties – but what if you can’t afford them? Find out how IRS Form 2210, Abatement Services, and …
Form 8917: Tuition and Fees Deduction
Form 8917 is an Internal Revenue Service (IRS) tax form that accompanies Form 1040 and is used to claim the tuition and fees deduction. The deduction is available for qualified …
Form 1095-B: Health Coverage
Form 1095-B is an IRS document that shows taxpayers, their spouses, and dependents if covered, information about their health care coverage under the Affordable Care Act (ACA). Its purpose is …
Form 8821: Tax Information Authorization
IRS Form 8821, Tax Information Authorization, is a single page document used to grant permission for any type of tax filing for any given year to a person or company, …
Form 8936: Qualified Plug-In Electric Drive Motor Vehicle Credit
Are you thinking of purchasing an electric vehicle in 2022? If so, you may be eligible for a tax credit! The Internal Revenue Service (IRS) offers tax credits up to …
Form 1095-C: Employer-Provided Health Insurance Offer and Coverage
Form 1095-C: Employer-Provided Health Insurance Offer and Coverage is an IRS tax form used to report information about an employee’s health coverage offered by an Applicable Large Employer (ALE). It’s …
Form 712: Life Insurance Statement
Form 712 is an IRS form used to report life insurance proceeds and other benefits received following the death of an insured. It is required to be completed and filed …
Form 8453-EMP: Employment Tax Declaration for an IRS e-file Return
Form 8453-EMP allows taxpayers to authenticate an electronic Form 940, 941, 941-PR, 941-SS, 943, 943-PR, 944, or 945, authorize an ERO or ISP to transmit, and provide consent to authorize …
Form 8879: IRS e-file Signature Authorization
IRS Form 8879 is a mandatory requirement for taxpayers filing electronically, authorizing the IRS to accept their tax return. It must include the taxpayer’s name, address and Social Security number, …
Form 8896: Low Sulfur Diesel Fuel Production Credit
This article provides an overview of the low sulfur diesel fuel production credit offered to qualified small business refiners and explains the definitions of key terms such as “low sulfur …
Form 1099-H: Health Coverage Tax Credit (HCTC) Advance Payments
Form 1099-H: Health Coverage Tax Credit Advance Payments is a U.S. federal income tax form used to report health insurance payments made to recipients of Trade Adjustment (TAA), Alternative TAA …