Courtesy of the Internal Revenue Service TT-2008-16 If you changed your home or business address, notify the IRS to ensure that you receive any refunds or correspondence. While the IRS uses the Postal Service’s change of address files to update taxpayer addresses, notifying the IRS directly is still a good idea. There are several ways […]
Tag Archives: Tax forms in the United States
Fiscal Year 2007 Enforcement and Services Results The IRS continues to make strong progress in a number of key enforcement areas. The IRS is showing consistent improvements in areas critical to maintaining a fair, efficient tax system while bringing billions of additional dollars into the Treasury. At the same time, the agency continues to improve […]
Today TaxMama hears from Daisy in South Carolina who says, in these very words. “Need to find information on how to file: No Income but paid taxes on withdrawn retirement account, early withdrawal (59yrs of age) on IRA account, property taxes and bank account interest earned.”
TAX INFORMATION AVAILABLE IN SPANISH INFORMACIÓN TRIBUTARIA EN ESPAÑOL Courtesy of the Internal Revenue Service TT-2008-12 If you need federal tax information, the IRS provides free Spanish language products and services. Pages on the Internal Revenue Service’s Web site, pre-recorded tax topics, refund information, tax publications and toll-free telephone assistance are all available in the […]
Courtesy of IRS TT-2008-11 Are you facing a lot of different tax questions this year? IRS experts have pulled together an overview of common tax issues in one convenient place — Publication 17, Your Federal Income Tax. This updated publication, available on the IRS Web site, IRS.gov, contains a vast array of helpful information for […]
Today TaxMama hears from Lisa in California who tells us. “I am a Creative Memories Consultant, which is an independent consultant home sales business. This past year I barely sold anything, and ran my ‘’business’’ as more of a hobby than a business. Do I still need to claim it on my taxes? I haven’t […]
Today TaxMama hears from Monique in California who tells us. “I am a student, living at home with my parents (they are still claiming me as a dependant). But I do work less than 20 hours (usually earning less than $160). Do I still have to file taxes?”
Courtesy of the Internal Revenue Service TT-2008-05 The three forms used for filing individual federal income tax returns are Form 1040EZ, Form 1040A and Form 1040. If you are filing a federal income tax return on paper, use the simplest form you can. Using the simplest allowable form will reduce the chance of an error […]
Today TaxMama hears from Darl in Texas who asks. “Are there any U.S. tax ramifications on property in Mexico that is owned and sold by a U.S. citizen, and for which the monies would be deposited into a U.S. bank account?”
Courtesy of the Internal Revenue Service IR-2007-201, Dec. 19, 2007 WASHINGTON — The Internal Revenue Service today outlined ways informants can report violations of the tax law and possibly claim a reward based on the amount of additional tax, penalties and interest that is owed. “Since Congress enacted new procedures increasing award amounts last year, […]
Today TaxMama hears from Erin in Washington State who wants to know. “For the unused home office deduction, can I choose not to claim home office deduction in the years of loss and claim it when I make a profit?”
Today TaxMama hears from Jeff in DC, who tells us: “I teach online for a college. I want to purchase a computer for only this use. Can I deduct the entire price of the PC for 2007, if I purchase before the end of the year? What IRS form do I use?”