Form 1040 is the essential U.S. tax form for reporting individual income to the IRS. Discover its types, uses, and filing ...

So you’ve realized a profit on your investments? Buckle up and get ready to report your transactions to the Internal Revenue Service (IRS) on Schedule D and see how much tax you owe. But it’s not all ...

The Internal Revenue Service has posted a revised 2018 Schedule D Tax Worksheet in the instructions for Schedule D (Form 1040) after finding out that it contained an ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. While the IRS Form 1040 for 2021 remains at 38 lines, changes have ...

If your small business is a sole proprietorship, partnership, limited liability company or S-corporation, you and any co-owners pay the business's taxes through the income you report to the Internal ...

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, ...