IRS.com is not affiliated with any government agencies

Topics

Blog

President Biden’s SAVE plan is not entirely tax free

 The new income-driven repayment plan (IDR) proposed by President Joe Biden (known as the SAVE plan) may be able to forgive some student loans…

Where’s My Refund? Lost in the Mail, If You Don’t Follow the New Mail Forwarding Policy from USPS

Everyone always asks how to contact the IRS, but can the IRS contact you? Wondering what’s taking your federal tax return and refund so long?…

Caught In the Net Investment Income Tax? When to File Form 8960

Excited about passive income? So were we, until we got to the NIITy gritty. Form 8960, also known as the Net Investment Income Tax Individuals,…

How Does Form 8992 Work? Round-the-world Tour of Global Intangible Low-Taxed Income (GILTI)

It's not that kind of guilty, your honor. Form 8992 is an essential IRS tax form that requires U.S. shareholders of controlled foreign corporations (CFCs)…

The Business End of Form 945: Nonpayroll Payments and the Annual Return of Withheld Federal Income Tax

Gambling with nonpayroll withheld taxes? Grab form 945 instead. Form 945, Annual Return of Withheld Federal Income Tax, is a tax form used by businesses…

Worried About a Low Tax Return? Real Ways to Get the Biggest Refund from the IRS

That moment when you figure out Uncle Sam owes you money instead. When tax season rolls around, many people eagerly await their tax refund check…

Form 8962 Instructions to Claim the Premium Tax Credit (PTC)

So premium tax credit is not like premium gas. Well, that's a relief. IRS Form 8962, also known as the Premium Tax Credit form, is…

The Healthy Way to Fill out the 8889 Tax Form for HSAs

With great tax benefits from HSAs come great tax forms, like the 8889 tax form. Tax benefits abound when you use pretax dollars when paying…