Tools & Forms
Foreign Accounts and Financial Assets with Form 8938: The Facts on Complying With FATCA
So all those Bond villains with Swiss bank accounts still pay taxes? With this form, yes. What is Form 8938? Form 8938 is a requirement…
Use the Advance Child Tax Credit Calculator to See How It All Adds Up
It could be also outdated, too, but I'm not sure. The Advance Child Tax Credit Calculator is a tool used to estimate the monthly Child…
The Care Credit Calculator: How Uncle Sam Helps Watch Your Kids and Dependents While You Work
Uncle Sam's watching the kids. As in, paying someone to help watch them. So, like most uncles? The Child and Dependent Care Tax Credit is…
How Can You File Taxes Without a W-2 Form? It’s Possible, and Here’s How to Do Your Taxes Without a W-2
So the ol' "Dog ate my W-2" excuse won't work? Filing your taxes can be a daunting task, especially when you do not have all…
Big Questions, Small Form: What’s Box-D on Form W-2? Where Is It, What’s It for, and Can It Be Left Blank?
Is there a name for hypochondria about your tax forms? I've wondered about Box D on W-2, but now, I don't! Box D on Form…
Tax Teamwork: Instructions for Partnerships Using Form 1065 on Their Federal Tax Returns
They say partnership is hard. Then comes along Form 1065. Before diving into the details of 1065 instructions, it’s important to understand the context behind…
How a 1099 Tax Calculator Adds Up to Big Savings for Contractors and Self-Employed Individuals
What is a 1099 Tax Calculator? If you're a freelancer, independent contractor, or vendor who isn't on an employer's payroll, you may receive a 1099…
I Got a 5071C Letter, Now What?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2023/05/Understanding_Your_5071C_Letter1.mp4"][/video] When the IRS sends you a 5071C letter, that’s a request for you to verify your identity. You’re probably getting one…
