ÐÇ¿ÕÌåÓýÊÖ»ú¶Ë

FS-2024-11, April 2024 ¡ª A deduction reduces the amount of a taxpayer's income that's subject to tax, generally reducing the amount of tax the individual may have to pay. Most taxpayers now qualify for the standard deduction, but there are some important details involving itemized deductions that people should keep in mind.

FS-2023-10, April 2023 ¡ª A deduction reduces the amount of a taxpayer¡¯s income that¡¯s subject to tax, generally reducing the amount of tax the individual may have to pay. Most taxpayers now qualify for the standard deduction, but there are some important details involving itemized deductions that people should keep in mind.

A page containing information about how NRA withholding applies only to payments made to a payee that is a foreign person.

Information about Schedule B (Form 1040), Interest and Ordinary Dividends, including recent updates, related forms, and instructions on how to file. This schedule is used by filers to report interest and ordinary dividend income.

FS-2023-26, Nov. 2023 ¡ª These FAQs update question 9 to provide that a United States military service member who is a wrongfully incarcerated individual and who receives back pay following the reversal of a court martial conviction may not exclude the payments under section 139F if the payments are merely the restoration of pay and allowances to which the service member is entitled under the law.

Page provides taxpayers and tax professionals the mailing address for submitting Form 843

ÐÇ¿ÕÌåÓýÊÖ»ú¶Ë organization's tax-exempt status has been revoked for failure to file a Form 990 series return for three consecutive years. In addition, you are no longer eligible to sponsor a tax-sheltered annuity plan (Internal Revenue Code section 403(b) retirement plan).

This page discusses U.S. Taxpayer Identification Number Requirements.

Tax Tip 2025-40, June 17, 2025 ¡ª Owning a home costs money, but there are tax benefits available to help homeowners save on some of common costs of homeownership.

FS-2023-19, Aug. 2023 ¡ª Federal law requires a person to report cash transactions of more than $10,000 by filing Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business. Although many cash transactions are legitimate, the information on the form can help law enforcement combat money laundering, tax evasion, drug dealing, terrorist financing and other criminal activities.