I remember doing my taxes for the first time. I was 22 and received a bunch of 1099s for doing some background work as an actor. Suddenly those fun jobs didn’t seem that fun anymore. The forms were ...

This year, residents of 25 states can do their taxes using the IRS’s free Direct File service, as long as their taxes are relatively simple. This year, residents of 25 states can do their taxes using ...

IRS Free File, which offers free guided tax preparation for lower-income taxpayers and free electronic fillable forms for all ...

U.S. taxpayers preparing to file returns for 2025 — deadline April 15, 2026 — have one fewer free option this year. Direct File, used by 300,000 people last year, has been discontinued, with Treasury ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

If you're gearing up to file your tax return this year but are afraid you're going to run out of time, it's possible to file for an extension. This can give you six additional months to get your ...

The vast majority of Americans pay to file their tax return, even though they could do it for free. Despite the fact that free tax filing preparation software is available to 70% of the population ...