Summary: For the 2025 tax year, U.S. taxpayers must file Form 1040 or Form 1040-SR by April 15, 2026, with an optional automatic six-month extension via Form 4868. Filing requirements vary by age, ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. If you are self-employed or have earnings outside of your job, you may need to make estimated tax ...

If you’re feeling behind or waiting on documents, a tax extension gives you extra time to file — but not to pay. In this guide, you’ll learn how to file a tax extension, which forms you need, key ...

(NEXSTAR) – Time is running out to gather your documents, calm your nerves and hope for a good tax refund – but if you already know you’re unlikely to make the deadline, here’s how you can get an ...

April 15 is tax day. If you're a taxpayer and haven't filed, you need to do so by the end of the day or face penalties. The IRS will add a percentage of the unpaid taxes for each month the return is ...