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  2. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  3. 7 tax misunderstandings that could cost you - AOL

    www.aol.com/finance/2017-03-31-7-tax...

    Many people misunderstand the nature of a tax extension. When you file IRS Form 4868 for an extension, you are only postponing the filing of your return. ... Penalties can be as much as 25% of the ...

  4. Reimbursement - Wikipedia

    en.wikipedia.org/wiki/Reimbursement

    Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent. [1]Companies, governments and nonprofit organizations may compensate their employees or officers for necessary and reasonable expenses; under US [2] [3] law, these expenses may be deducted from taxes by the organization and treated as untaxed income for the ...

  5. Form 1040 - Wikipedia

    en.wikipedia.org/wiki/Form_1040

    There is a three-year limit to when individuals can claim a tax refund. However, payments that are due must be paid immediately. [35] In addition it is possible to apply one's refunds to next year's taxes [36] and also to change one's mind later. [37] Considering whether to file an extension for the 2010 tax year with Form 4868

  6. Employer transportation benefits in the United States

    en.wikipedia.org/wiki/Employer_transportation...

    An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

  7. Scrambling to file last-minute? Save big with these Amazon ...

    www.aol.com/lifestyle/heres-deduction-claim...

    (And if you haven't finished getting your things together, there's always Form 4868.) Turbo Tax Deluxe will make sure your federal and state filings are headache-free for just $56, down from its ...

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