IRS Form 8396 Mortgage Credit Certificate Program
If a homeowner has a qualified mortgage credit certificate (MCC), they may be eligible for a federal tax credit based on the amount of mortgage interest expense paid during the year.
IRS Form 673 – Exemption From Withholding Taxes
U.S. expats that are living and working abroad are generally still subject to federal income taxes on their gross income. Form 673 can be completed and provided to an employer to claim an exemption from federal withholding taxes for U.S. expats.
IRS Form W-9S for Student Taxpayer ID Number
Students may be required to provide a withholding certificate to their university for student loan purposes. The Form W-9S is a variant of the Form W-9 withholding certificate.
IRS Form 15103 – Form 1040 Return Delinquency
The IRS will frequently send a taxpayer a notice if the IRS believes the person had to file an income tax return and the IRS has no record a return being filed. The Form 15103 is filed in response to those notices.
Form 1099-K Reporting on Form 1040
The IRS Form 1099-K is an informational return that reports gross payment transactions. Depending upon the nature of the transactions, there are various ways to report this information on a taxpayer's Form 1040.
IRS Form 8938 – Reporting Specified Foreign Financial Assets
The IRS Form 8938 is used to report ownership interest in foreign financial assets by U.S. taxpayers. This article and video tutorial review a sample filing for a U.S. taxpayer in the 2020 tax year.
IRS Form 3911 – How to Apply for a Lost Stimulus Check
The IRS Form 3911 is generally filed to report a lost or damage tax refund check. It can also be submitted to apply for a lost stimulus check.
IRS Form 2439 for Undistributed Long-Term Capital Gains
A shareholder of a RIC or a REIT may receive a Form 2439 which shows a taxable allocation of undistributed long-term capital gains from the entity. This information is necessary to complete the shareholder's income tax return.
How to File IRS Form 4868 Extension Request for Form 1040 Individual Income Tax Return
Individuals must generally file their federal income tax return (IRS Form 1040) on or before April 15th of each tax year. If the individual needs more time, they can file the Form 4868 extension request.
IRS Form 8959 for Additional Medicare Tax
The IRS Form 8959 is included with Form 1040 to calculate the additional Medicare tax owed or refunded to the individual taxpayer. This article and video tutorial cover an example Form 8959 filing for the 2020 tax year.