Paying Your Taxes

The Tax Law Contains a Marriage Penalty

Learn about the two marriage penalties contained in the tax law.

What You Need to Know About the New IRS Form 1040 for 2018

The new Form 1040 replaces Forms 1040, 1040A, and 1040-EZ with one Form 1040 that all taxpayers will file.

IRS Extends 2019 Income Tax Filing and Payment Deadline in Response to COVID-19

In response to COVID-19, the IRS is extending the time to file and pay 2019 income taxes by 90 days -- until July 15, 2020.

The IRS Taxpayer Relief Initiative

This IRS initiative offers relief for taxpayers still struggling in the wake of COVID-19.

Taxation and Repayment of COVID-Related Retirement Distributions

Those who withdrew money from a 401(k) or IRA under the COVID-related distribution rules of 2020 now have to pay taxes on the amount.

Is Unemployment Insurance Taxable Income?

Do you have to pay income tax on unemployment benefits?

Are Disability Pensions and Benefits Taxable Income?

Not always, but many disability-related payments are taxable income.

Taxes When You Sell Things Online

Find out what your tax reporting obligations are if you sell something online.

Are Merit Awards Taxable?

Usually, yes-- although there are ways to avoid owing taxes by giving the money away.

How to Avoid Estimated Tax Penalties

Learn what estimated tax penalties are and how to avoid them.

Independent Contractors Must Pay Self-Employment Taxes

If you have a second job as an independent contractor, you'll have to pay self-employment taxes on the income you receive.

How a Resident Alien Is Taxed

Just because you're not a U.S. citizen doesn't mean you don't owe taxes to the IRS. Whether or not you owe taxes depends on how much time you spend in the U.S.