Normally at this point, a tax attorney reviews the information entered by the data entry department and your IRS forms are printed out. Now the IRS forms are mailed to you along with a list (usually several pages long) of the documents ...
Individual taxpayers and businesses won#t be receiving 2010 tax form booklets in the mail this year. The IRS will be mailing postcards instead, telling taxpayers how to get any forms they need. In addition to the cost savings to the IRS ...
Also become familiar with these IRS forms: Schedule SE (compensation of Social Security Self-Employment Tax) and Schedule 1040 ES (estimated Tax for Individuals). Depending on circumstances, you may have to file them. ...
I sold some of my mutual funds in 2007 and the investment company deducted 30% as backup withholding tax becausemy W-8 was expired and I did not renew it before.
In a recent study the IRS compared the two forms for a sample of taxpayers and found a high percentage whose 5498 indicated an RMD was required did not also have a 1099-R filed. The lack of a 1099-R indicated the IRA owner failed to ...
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