Looking for tax forms or publications? There are several ways for taxpayers to get them. 1. Online View and Download You can view and download many tax forms and publications online. Visit here: https://www.irs.gov/forms-instructions Note that printed online versions of certain forms, such as some information returns, cannot be filed. See the instructions for your … Read more
When you apply for an EIN, you receive a computer-generated notice (CP 575) that contains your EIN and other information. If you’ve lost the notice, here are some things you can try. Before Contacting the IRS If you only need the EIN number and not an EIN verification letter, you might be able to locate … Read more
It’s tax time and if you’re missing your Form W-2, here are some things you can try. Contact your employer first The law requires employers to issue a Form W-2 to their employees by January 31st every year. If you didn’t receive your Form W-2 by January 31st, or if it is incorrect, try reaching … Read more
Per IR-2021-59, the 2020 tax return deadline for individuals has been automatically extended from April 15, 2021 to May 17, 2021. This also extends the time to pay outstanding income taxes for the 2020 tax period to May 17, 2021. To extend the deadline from May 17 to October 15, 2021, taxpayers must file Form … Read more
Follow these steps to claim the Recovery Rebate Credit on your 2020 Form 1040. Step 1: Get a copy of your Notice 1444 and 1444-b. These notices will indicate the amounts of stimulus payments (Economic Impact Payments) that you received. If you do not have these notices, you’ll need to know how much you received. … Read more
From IRS.gov. Most individuals eligible for the Recovery Rebate Credit have already received the full amount in two rounds of payments, known as Economic Impact Payments. If we issued you the full amount of each Economic Impact Payment, you won’t need to claim the Recovery Rebate Credit or include any information related to it when … Read more
In order to renew an ITIN, you must complete a new Form W-7 and submit all required identification documents to the IRS. See the Form W-7 instructions for details. While you do not need to submit a tax return with your ITIN application, you should file a return if you have a filing requirement. Your … Read more
While taxes are normally due April 15th, this year Congress extended the filing deadline to July 15th. Today, July 15th, is the deadline to file your 2019 Form 1040 tax return, unless you’ve filed an extension to October 15th. Here some tips for tax day and a little tax day history. The April 15th deadline … Read more
33 temporary tax breaks (referred to as “tax extenders”) have been set to expire in 2020. 6 of them are related to individual income taxes. Cancelled mortgage debt Cancelled debt is typically included as income. But an exception had been made for cancelled mortgage debt under the Mortgage Forgiveness Debt Relief Act of 2007. Beginning … Read more
Generally For 2019 tax returns, you’re required to file as follows based on your filing status: IF your filing status is… AND at the end of 2019 you were… THEN file a return if your gross income was at least… single under 65 $12,200 65 or older $13,850 head of household under 65 $18,350 65 … Read more