Federal Income Tax

Main Page

2019 Federal Income Taxes

2005 version of Form 10402005 version of Form 1040By: Dbenbenn
Latest Member Blog Articles on Federal Income Tax
  • Two Simple Things May Help Lower Your Chance of an IRS Audit
    Being on the receiving line of an Internal Revenue Service agents phone call or mailing informing you that your tax returns are being audited is a nightmare that millions of Americans have undoubtedly had. A tax audit can turn an otherwise quiet life upside down and cause undue stress on an individual and their family.
  • Social Security Benefits - How To Calculate Your
    Determining whether or not you have to pay taxes on your Social Security benefits really comes down to two factors: 1) your tax filing status, and 2) the amount of your "combined" income. Generally speaking though, you will not have to pay any taxes on your Social Security benefits at all, if that is your only source of income.
  • Six Things That Determine If You Are Eligible For The Child Tax Credit
    The Child Tax Credit is one of the most straight forward tax credits that are available for Americans of all tax brackets. First enacted in 1997 and expanded in 2001, this credit has helped offset the cost of raising an eligible child under the age of seventeen.
  • What Happens If You Don't File Your Taxes At All
    Ever wonder what would happen if you just skipped out on filing your taxes? You get your paperwork back from your employer, either in the mail or through e-mail, and just think too yourself, ugh, not again. I don't want to go through this hassle again. So you just let the task fade back to a darker corner of your mind, and forget about it.
  • Self-Employed Tax Filing, A Comprehensive How To Guide
    If you receive a 1099-MISC tax form, these guide is for you. Independent contractors, small business owners, and otherwise self-employed folks, use these 5 straightforward steps to fully take care of your tax filing and payment obligations.
  • A National Sales Tax Would Help the Middle Class
    Instituting a national sales tax has been debated, albeit halfheartedly, for years now. While I don't foresee our representatives in Washington tackling this issue anytime soon, it is still something that I've spent a lot of time thinking about, especially when it comes to the question of whether it will help or hurt the middle and lower classes.
  • Debunking The Top 5 Myths About Filing Your Taxes
    Many myths fly around come tax season, making big claims that you don't have to do this, or don't worry about that. But how do you know which are true, and which to avoid? Well, the best way to not come victim to believing a myth that might sound too good to be true about filing taxes is to contact the IRS directly.
  • Commonly Overlooked Tax Deductions You Should Know About
    Have you ever filed your taxes only to find out from a friend or colleague that you overlooked a tax deduction you knew nothing about? Most Americans are aware of the major deductions they are able to claim when they file their yearly tax returns, but there are a host of lesser known deductions that many taxpayers simply aren't aware of.

Latest Forum Threads on Federal Income Tax

Related Member Blog Articles
  • IRS Provides the Cheapest And Most Effective Way to File Your Taxes
    Are you thinking of going to a tax professional to have them help you file your taxes? That is an option, and a good one for many people, but it doesn't have to be the only option for many others. The IRS offers free e-filing for basic returns and has partnered with e-file.com to offer two more low-cost services for individuals and businesses who need additional services.

Federal Income Tax News & Opinion Articles

  • Some Helpful Facts for Tax Day 2019Mon Apr 15, 2019 | itep.org
    For Tax Day, ITEP has released several new reports that tell a broad story about our nation’s federal, state and local tax systems, providing important details about taxes...
  • Did you miss out on an income tax refund?Mon Apr 15, 2019 | courant.com
    Despite all the talk about a tax cut after President Trump’s successful overhaul of the tax code, many people are reporting that they are paying more to the federal...
  • Last Day To File Taxes Is HereSun Apr 14, 2019 | philadelphia.cbslocal.com
    The new law adjusted the withholding tax from paychecks, so most people kept more money for most of last year.
  • What taxpayers should know about the new IRS Form 1040Wed Apr 10, 2019 | cbsnews.com
    As April 15 nears, millions of taxpayers this year will have to navigate the IRS' new Form 1040. It's the result of a campaign promise by then-presidential candidate Donald...
  • 3 new tax rules homeowners need to knowWed Mar 20, 2019 | pbs.org
    How homeowners file their taxes this year could be affected by a number of new changes, including the cap on mortgage interest deductions.
  • How to file your taxes for freeMon Mar 04, 2019 | cbsnews.com
    Filing your taxes doesn't have to cost you money. Even though the new Form 1040 that all tax filers will file this year is a one-page document with just 23 lines, preparing...
  • 5 last-minute income tax filing tips to save you money and stressTue Apr 03, 2018 | aol.com
    The moment of truth is nearly upon those who waited to file their federal income taxes -- Here are a few tips for meeting the deadline.
  • Tardy on your taxes? Don't wait to file an extensionTue Apr 03, 2018 | cbsnews.com
    Sending a hastily prepared return can be a big mistake, so take advantage of this option -- but do it carefully.

Federal Income Tax Videos