For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As with Forms W-2, there is no automatic 30-day extension available for ...
TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...
Feb. 5—U.S. taxpayers preparing to file returns for 2025 — deadline April 15, 2026 — have one fewer free option this year. Direct File, used by 300,000 people last year, has been discontinued, with ...
The 2026 tax filing season officially opened on Monday, as the IRS began allowing taxpayers to start filing their returns for the past year. IRS officials announced earlier this month that taxpayers ...
Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.
Here’s what you need to know if you want to file your taxes with H&R Block’s tax prep software this year.
With the start of tax season just a few weeks away, the deadline for employers to send out W-2 forms is quickly approaching. Employers must provide employees with their W-2 forms by January 31, ...
New tax rules for tips and overtime are here, but the fine print might actually shrink your refund.
The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...
Preparing for tax season can be overwhelming. However, understanding the key forms you'll encounter can help avoid tax debt and get ahead financially. Whether you're a seasoned filer or handling taxes ...
Two laws enacted in 2025, President Donald Trump's "big beautiful bill" and the Social Security Fairness Act, may change beneficiaries' federal tax liability on their benefits. Here's how those ...
Discover how Form 8857 can help you seek relief from tax liabilities tied to your spouse or former spouse. Learn eligibility requirements and filing processes.