If you haven’t filed your 2020 tax return, are you still dealing with complexities created when RMDs (required minimum distributions) were waived for 2020? RMDs are mandated distributions (withdrawals ...

Millions of people were entitled to exclude up to $10,200 in 2020 unemployment benefits from income. Since the change came after tax season opened, the IRS said it would auto-correct early returns. It ...

A veterinary science professor at Oklahoma State University was flummoxed trying to e-file his 2020 individual tax return due May 17, 2021, over the weekend. The professor, Jerry Ritchey, who has ...

WASHINGTON — The Verify team exists to give you the answers, and with tax season here and new coronavirus relief aid, there have been a lot of questions. With a new May 17 deadline to file, preparing ...

The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses ...

WASHINGTON — The Internal Revenue Service estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. So, this is your reminder to not leave ...

The Internal Revenue Service has offered information on how to elect to apply an overpayment on 2020 taxes against estimated taxes for the first quarter of 2021, which are still due on April 15.

The first two rounds of Economic Impact Payments (EIPs) were, according to the IRS, “advance payments of the 2020 Recovery Rebate Credit.” If you did not receive your stimulus payments, claim them now ...

Almost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply because they didn't file a tax return. The ...