Tax Filing

More in Tax Filing

How Much State & Federal Tax Is Withheld on Casino Winnings?

you are lucky enough to win when you go to the casino, you will not necessarily have to report the winnings on your tax returns. For practical purposes it does not make sense to report winnings every time you win 50 cents in a slot machine. Instead, the federal government has ...

What If You Forgot to Deduct Your IRA Contribution?

t every deposit you make to an IRA is tax-deductible. Roth IRAs give you a tax break when you start taking distributions at retirement while traditional IRAs work the other way: You take a deduction the year you set the money aside and pay income taxes when you withdraw it. If ...

Disadvantage of Electronic Filing

filing your taxes might appear to be the easiest, most convenient solution, but sometimes appearances can be deceiving. A few disadvantages associated with e-filing might make you think twice the next time you are filing a tax return. By knowing the cons of filing and not just ...

Do I Have to File State Taxes If I Owe Nothing?

e Internal Revenue Service has a federal filing requirement for everyone who meets a minimum income level or who received certain types of earnings. State tax-filing requirements, however, differ from state to state, so even if you don't owe state tax you may be required to file ...

Is it Illegal to Not File Taxes?

ling taxes every year is not something to look forward to, but it's necessary nevertheless. While not everyone needs to file taxes to be in compliance with tax codes, most adults who earn money do. The legal and monetary penalties for not filing taxes depend on your reason for ...

Who Is Not Required to File Tax Returns?

e Internal Revenue Service requires you to file a tax return in order to claim a refund or pay tax deficiencies on certain income. Otherwise, you might not be required to file. Other than certain special situations, the IRS bases requirements primarily on your gross income and ...

How to Recover a Tax E-File PIN

taxpayers, filing returns electronically is convenient and can lead to a speedy refund. For the Internal Revenue Service, however, e-filing represents an invitation to fraud. That's why the IRS added an extra layer of security to its identification procedures. In addition to ...

What if You Filed Your Taxes & Forgot Interest Income?

y you sent off your completed tax return and then received a late 1099 form in the mail from a savings account you forgot about. The account earned interest, which you’re obligated to report on your tax return. Depending on how much interest the account earned, you may ...

How to Add a 1099 to a Previous Tax Return

e Internal Revenue Service requires taxpayers to file federal tax forms each year. You are expected to include all income sources on your federal tax return, but sometimes you might forget to include the income from one of the 1099s you receive, or you might get a 1099 in the ...

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.