What is Form 2290 ? IRS Form 2290 is an IRS form for paying federal tax on the first use of a taxable highway motor vehicle on a public highway. The vehicle must be more than 55,000 pound should be… Read More »2290 Tax on Heavy Highway Vehicle Use :6 Things Every Truck Owner Must Know!
IRS Tax Forms
The Bipartisan Budget Act signed into law by President Donald Trump in February 2018 required that the IRS publish a simple form for senior citizens. Thus came this new Form 1040-SR exclusively for senior citizens which is similar to the 1040-EZ in… Read More »Form 1040-SR, U.S. Tax Return for Seniors
IRS Form 1040 is one of the most comprehensive individual tax return form in comparison to other two popular tax return form for Individuals – IRS 1040EZ and tax Form 1040A . It is true that when you sit to think about filing tax return first question is to decide ” what tax form do I use ?” the Form 1040 requires lots of data and information , but this also provides maximum chance of tax deduction and claim of expense by a tax payer. This post is , however , enlisting circumstances when an Individual tax payer will have to file his/her tax return in irs tax forms only and not in other types :Read More »IRS 1040 Form : 19 Reasons You Are Compelled to File This Tax Return Form !