Taxes
Need to learn about U.S. taxes? We’ve got everything you need – all in one location.
Latest Articles
Form 1099-INT Interest Income and Backup Withholding Tax
Backup withholding taxes may apply to accounts that are not compliant with all filing and reporting obligations. If backup withholding taxes apply to your interest income, you can claim the withholding on your Form 1040.
Form 8962 – How to Calculate the Premium Tax Credit
If a taxpayer purchased health insurance through the marketplace and received an advanced premium tax credit, they need to file Form 8962 with their tax return. This example covers a sample Form 8962 filing for the 2023 tax year.
How to File IRS Form 1065 Partnership Tax Return for 2023 – Rental Real Estate LLC Example
The IRS Form 1065 is a partnership tax filing for U.S. domestic partnerships. This example looks at a multi-member LLC with a single-family home rental property.
How to File Illinois Form IL-1040 for a Part-Year Resident
Illinois Form IL-1040 is an individual income tax return filed by residents, part-year residents, and nonresidents with Illinois source income. Learn how to complete the tax filing.
How to Prepare Georgia Form 500 for a Nonresident
Georgia Form GA500 is an individual income tax return filed by residents, part-year residents, and nonresidents with Georgia source income.
How to Prepare Georgia Form 500 for a Part-Year Resident
Georgia Form GA500 is an individual income tax return filed by residents, part-year residents, and nonresidents with Georgia source income. Learn how to complete for a part-year resident taxpayer.
How to Prepare Ohio Form IT-1040 for a Part-Year Resident
The Ohio IT 1040 is an individual income tax return filed by Ohio residents, part-year residents, and nonresidents of Ohio that have state source income.
How to Prepare Ohio Form IT-1040 for a Resident
The Ohio IT 1040 is an individual income tax return filed by Ohio residents, part-year residents, and nonresidents of Ohio that have state source income.
How to File Georgia Form 500 for a Resident
Georgia Form GA500 is an individual income tax return filed by residents, part-year residents, and nonresidents with Georgia source income. Learn how to complete for a full-year RESIDENT.
How to File IRS Form 5227 for a Net Income with Makeup Charitable Remainder Unitrust (NIMCRUT)
IRS Form 5227 is completed annually by any split interest trust. In this example, we look at a Form 5227 for a Charitable Remainder Unitrust with a Net Income Makeup Provision.
How to File IRS Form 5227 for a Charitable Lead Annuity Trust (CLAT) for 2022
Charitable Lead Annuity Trusts (CLAT) are a split interest trusts where the lead beneficiary is the charity, and the remainder beneficiary is usually an individual person.
How to Prepare IRS Form 5227 for a Charitable Remainder Annuity Trust (CRAT)
The Charitable Remainder Annuity Trust (CRAT) is a form of split interest trust whereby the lead beneficiary is an individual, and the remainder interest is paid to a charitable organization.
How to Prepare IRS Form 990-PF for a Private Nonoperating Foundation
Form 990-PF is filed by private operating and nonoperating foundations. This example covers how to file for a nonoperating foundation in 2022.
How to Prepare IRS Form 5227 for a Charitable Remainder Unitrust (CRUT)
This example covers how to prepare IRS Form 5227 for a Charitable Remainder Unitrust (CRUT)
How to Prepare New York Form IT-203 for a Nonresident Taxpayer
NY Form IT-203 is filed by nonresidents and part-year residents of New York. This example covers how to prepare the IT-203 for the 2022 tax year.