Tools & Forms
Declare Your Assets on Form 8938: What Are Specified Foreign Financial Assets and How They’re Taxed
Form 8938 is how IRS agents stop Bond villains: "Sir, you have an undisclosed villa. With a shark pool. What's the fair market value of…
It’s Not a Sequel: Form 8865, Return of U.S. Persons to With Respect to Certain Foreign Partnerships
This form is the worst James Bond movie title, but it describes so many Bond movie plots. If you're reaching for this form, you're about…
Form 8824: What Are Like-Kind Exchanges and How Do You Report 1031 Exchanges on Your Tax Return?
You can't trade houses tax-free in Monopoly, but you can in real life! Meet Form 8824. If you've ever engaged in a 1031 exchange, it's…
Earn Extra Credit with Form 8863! Claim Your American Opportunity and Lifetime Learning Tax Credits
Earning extra credit hits different when you're talking to the IRS. You might be thinking about academic credit hours and how to finish the academic…
Schedule 8812: Add This List to Your 1040 to Claim Credits for Qualifying Children and Other Dependents
If the 1040 had kids, schedule 8812 would be the tidy one. Schedule 8812 (Form 1040) is an important document provided by the Internal Revenue…
For Your Eyes Only: Using Form 8821 to Give Tax Information Authorization
Facebook has privacy settings. The IRS uses 8821. Form 8821, Tax Information Authorization, is a legal document that allows individuals to authorize designated individuals or…
Additional Form 8959 for Additional Medicare Tax: Calculating Do Your Employee Wages or Self-Employment Income Meet These Thresholds?
"What's in a name? Form 8959 by any other name might still mean you pay more taxes." If you have self-employment income or high wages,…
Partnership Withholding With Form 8804: The Annual Return for Business Partners
Doing business in the US means you're effectively connected to Uncle Sam. Form 8804 is an essential tool for reporting partnership withholding tax on foreign…
