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Topic: 1040EZ

Use IRS.gov for Quick Answers to your Tax Questions

 

Internal Revenue Service - IRSWashington, D.C. – The Internal Revenue Service today reminded taxpayers that the next couple of weeks, especially around Presidents’ Day, marks the busiest time of year for IRS toll-free phone services. Taxpayers can avoid the rush by getting answers to their questions on IRS.gov.

The IRS will be issuing an “Avoid the Rush” series of news releases that provide tips related to the most common questions asked by taxpayers during the February peak.

Income Taxes

Income Taxes

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IRS reports Tax-filing Extension Expires October 15th for Millions of Taxpayers; Check Eligibility for Overlooked Tax Benefits

 

Internal Revenue Service - IRSAtlanta, GA – The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on October 15th to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system.

More than a quarter of the nearly 13 million taxpayers who requested an automatic six-month extension this year have yet to file. «Read the rest of this article»

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IRS Tax Tips for Newlyweds

 

Internal Revenue Service - IRSNashville, TN – Late spring and early summer are popular times for weddings. Whatever the season, a change in your marital status can affect your taxes. Here are several tips from the IRS for newlyweds.

It’s important that the names and Social Security numbers that you put on your tax return match your Social Security Administration records. If you’ve changed your name, report the change to the SSA. To do that, file Form SS-5, Application for a Social Security Card. You can get this form on their website at SSA.gov, by calling 800.772.1213 or by visiting your local SSA office.

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IRS Offers Four Tips on Unemployment Benefits

 

Internal Revenue Service - IRSWashington, D.C. – Unemployment can be stressful enough without having to figure out the tax treatment of the unemployment benefits you receive.

Unemployment compensation generally includes, among other forms, state unemployment compensation benefits, but the tax implications depend on the type of program paying the benefits. You must report unemployment compensation on line 19 of Form 1040, line 13 of Form 1040A, or line 3 of Form 1040EZ. «Read the rest of this article»

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Make it Easy on Yourself: Choose the Simplest Tax Form

 

Internal Revenue Service - IRSWashington, D.C. – If you’re among the taxpayers who still file a paper return, the IRS reminds you that it no longer mails paper tax packages, a step the agency took after continued growth in electronic filing, the availability of free options and as a way to reduce costs.

If you’re e-filing, the software will choose the best form for you, but if you’re taking pencil to paper, make it as simple as possible by choosing the simplest tax form for your situation. «Read the rest of this article»

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