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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.
The primary benefits of a voluntary disclosure typically include: Limitations of the prior look-Back period - Usually the look-back period is limited to between 3 and 5 years as opposed to having no statute of limitations if no return has ever been filed. However, for the offshore voluntary disclosure program, there is an 8-year look back ...
Some of the forms that fall under business returns include Form 2290 (truck tax), Form 1099 (reporting payments to individuals other than employees). IRS has no set pricing for each form, so each filing company sets their own price accordingly. IRS has a list of authorized websites that do e-filing for some forms. [10]
Direct File, the IRS’s free online tax filing tool, is here to stay. During a pilot phase this spring, 140,000 participants received a total of $90 million in refunds.
The IRS has offered free electronic filing for lower-income tax filers for years, but the scope of the program was limited. The IRS said it has not offered more extensive online filing services ...
The free online tax filing program piloted this year by the IRS will be made permanent and its scope will be expanded, Treasury Secretary Janet Yellen announced Thursday. Known as “Direct File ...
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