IRS Tax Forms Tax Tips
tax guides via RSS
When to Use Tax Form 1099-C for Cancellation of Debt
In most situations, if you receive a Form 1099-C from a lender after negotiating a debt cancellation with them, you'll have to report the amount on that form to the Internal Revenue Service as taxable income. Certain exceptions do apply. Read more…
When to Use Schedule EIC: Earned Income Credit
The earned income tax credit, or EITC, is available to taxpayers with low to moderate income. It was created in 1975 to help offset the heavy burden of Social Security taxes and act as an incentive for low-income taxpayers to continue working. Read more…
What Is Form 2848, Power of Attorney, and When Is It Used?
To protect your privacy, IRS employees won't talk to just anyone about your taxes. To give them permission to discuss your taxes with someone else, you'll need Form 2848. Read more…
More IRS Tax Forms Articles
Get tax tips and tricks, from quick fixes to long term strategies.