Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

TIME AND MONEY. YES SHE DOES. AND THE IRS ESTIMATES THAT IT CAN COST AN AVERAGE OF $270 TO GET A PROFESSIONAL TO DO YOUR TAX RETURNS. IF YOU FILL OUT THE FORMS YOURSELF, IT CAN TAKE AS LONG AS 13 ...

Tax season is rarely fun, but it's an inevitable part of life. Whether you're an early filer who knocks it out in February or a last-minute scrambler in mid-April, though, there's always some level of ...

Taxpayers have several options when it comes to getting their taxes done for free, but not all taxpayers qualify. When it comes to taxes, the rules on income, deductions and credits are complicated ...

It happens more often than you might think. Life gets busy, finances get complicated and suddenly, a year (or more) goes by without filing your tax return. Whatever the reason, though having unfiled ...

While it’s true that you want to keep essential records, don’t be afraid to toss out what you don't need. Here's your quick guide to what to keep and what to throw out after Tax Day.

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone.

The average federal income tax refund was $2,065 through Feb. 7. The IRS has received fewer returns in the first two weeks of the 2025 season than it received a year ago. Tax season continued its ...

You might think self-assessment tax returns are only for the self-employed, landlords and high-net-worth individuals, but more people than ever have had to complete one in recent years. Fiscal drag is ...