Found 232 Matching Items; Displaying 51 - 60.
Amended return frequently asked questions
Answers to common questions about amended returns: electronic filing, amendment processing times, forms and tax years accepted and your return status.
General Information
Individuals
Mistakes happen: Here’s when to file an amended return
Tax Tip 2023-47, April 10, 2023 — Even after making every effort to file a complete and accurate tax return, mistakes can happen. When a taxpayer realizes that the tax return they filed has a math error, missing income or other mistake, they may wonder if they need to correct it by filing an amended return.
General Information
Individuals
File 2019 and 2020 tax returns by Sept. 30 to receive COVID penalty relief
COVID Tax Tip 2022-149, September 28, 2022 — Individuals and businesses, affected by the COVID-19 pandemic, may qualify for late-filing penalty relief if they file their 2019 and 2020 tax returns by September 30, 2022. This penalty relief is automatic.
General Information
Individuals
About Form 1040-NR, U.S. Nonresident Alien Income Tax Return
Form 1040-NR is used by nonresident alien individuals, estates, and trusts to file a U.S. income tax return.
General Information
Nonresidents
Taxpayers should file their tax return on time to avoid costly interest and penalty fees
Tax Tip 2022-42, March 17, 2022 — Taxpayers should file their tax return by the deadline even if they cannot pay their full tax bill. Taxpayers who owe tax and don't file on time, may be charged a failure-to-file penalty.
General Information
Individuals
SOI Tax Stats - Individual income tax returns complete report (Publication 1304) - Basic tables part 3
Contains complete individual income tax data. The statistics are based on a sample of individual income tax returns, selected before audit, which represents a population of Forms 1040, 1040A, and 1040EZ, including electronic returns. The report contains data on sources of income, adjusted gross income, exemptions, deductions, taxable income, income tax, modified taxable income, tax credits, self-employment tax, and tax payments.
About IRS
Individuals, Tax Professionals
SOI Tax Stats - Individual income tax returns complete report (Publication 1304) - Basic tables part 1
Contains complete individual income tax data. The statistics are based on a sample of individual income tax returns, selected before audit, which represents a population of Forms 1040, 1040A, and 1040EZ, including electronic returns. The report contains data on sources of income, adjusted gross income, exemptions, deductions, taxable income, income tax, modified taxable income, tax credits, self-employment tax, and tax payments.
About IRS
Individuals, Tax Professionals
SOI tax stats - Individual income tax returns complete report (Publication 1304) - Basic tables part 2
Contains complete individual income tax data. The statistics are based on a sample of individual income tax returns, selected before audit, which represents a population of Forms 1040, 1040-A, and 1040-EZ, including electronic returns. The report contains data on sources of income, adjusted gross income, exemptions, deductions, taxable income, income tax, modified taxable income, tax credits, self-employment tax, and tax payments.
About IRS
Individuals, Tax Professionals
Taxpayers who owe and missed the April 18 filing deadline should file now to limit penalties and interest; not too late to claim the Child Tax Credit for 2021
IR-2022-91, April 19, 2022 — The IRS encourages taxpayers who missed Monday’s April 18 tax-filing deadline to file as soon as possible. While taxpayers due a refund receive no penalty for filing late, those who owe and missed the deadline without requesting an extension should file quickly to limit penalties and interest.
News
News Media, Individuals
$1.2 billion in IRS penalty relief refunds coming for certain 2019 and 2020 tax returns
COVID Tax Tip 2022-139, September 12, 2022 — To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020 returns late.
General Information
Individuals