IRS.com is not affiliated with any government agencies

Uncategorized

Do You Have to Pay Taxes on Unemployment Benefits?

If you're looking up this question, you probably have had your fill of unpleasant surprises. Unemployment benefits are a lifeline for individuals who have lost…


Retired and Filing Taxes: Does My Social Security Count as Income on My Taxes?

You think you're asking a yes-or-no question. Then the IRS answers with a percentage. Are Social Security benefits considered income? Yes, this crucial source of…


Does Unemployment Count as Income?

So you got fired and now you're taxed? Believe it or not, there's good news: You have income. Unemployment benefits can often be a financial…


Minor Question: Do Minors Get Taxes Withheld from Their Paychecks?

If minors don't get taxes taken out, can I be 18 again? Yes, if a dependent child earns income, they will have their state and…


How to Check if You Owe the IRS Money (And Smart Ways to Negotiate and Pay Them, Including Installment Plans)

"Do I owe the IRS?" Well, it's always a good idea to check. When it comes to taxes, it's not uncommon for taxpayers to feel…


The Civil Side of Retirement: Your Paycheck and the Federal Insurance Contributions Act (FICA)

What the FICA? If I earn $160,201, I don't have to pay into Social Security? FICA or the Federal Insurance Contributions Act requires both employees…


Get Ready to File Your 2020 Tax Return

Information About the 2021 Filing Season & Steps You Can Take Now to Prepare Your Taxes The IRS is encouraging taxpayer to start thinking about…


Common Tax Questions & Answers

Frequently Asked Questions About Federal Income Taxes and the IRS Here are easy-to-understand answers to the top tax questions that are most often asked by…