Form 8889 is filed with Form 1040 to report contributions and distributions with a health savings account (HSA). This tutorial covers how to report taxable distributions from an HSA that were not used for qualified medical expenses.
The IRS estimates that over $1 billion of federal tax refunds are left unclaimed from the 2020 tax year.
The Form SS-5 can be completed and filed by U.S. persons to obtain a social security number (SSN). This article and video cover a sample Form SS-5.
IRS Form W-4 is a withholding certificate that an employee provides to their employer. The certificate let's the employer know how much federal withholding tax to deduct from the employee paycheck.
Sometimes you might receive a Form 1099 with incorrect information. So what do you do next? Here are some options...
A U.S. citizen is required to file an income tax return even if they do not live inside the United States. Expats have different tax filing deadlines when they live outside of the U.S.
Many taxpayers rush to file their taxes once they receive their W-2s and 1099s. It may be a good idea to wait. This article discusses corrected 1099s and how they impact your taxes.
Taxpayers that reside in certain areas of California may receive an automatic extension of time to file and pay their taxes. Automatic extensions are granted when the federal government declares certain disaster areas.
Is it possible to deduct the cost of installing a swimming pool in your home? In some cases, if a swimming pool is installed for medical reasons, a portion of the cost may be tax deductible.
When an individual moves to the United States on a work visa, they are generally treated as a U.S. taxpayer and must comply with the same obligations as U.S. citizens. This article discusses the U.S. tax issues for E-2 visa holders.
