Find answers to your tax questions, connect with a helpful community, and get the support you need to resolve tax issues quickly and confidently.
Contributed by: TriciaD, FreeTaxUSA Agent, Tax Pro If you didn’t pay enough tax during the year through withholding or estimated tax payments, the IRS may charge an underpayment penalty. Form 2210 is used to figure the penalty. In many cases, the IRS can calculate the penalty for you and send a notice later. However, you…
Contributed by: AndyS, FreeTaxUSA Agent, Tax Pro Adoption can be an exciting and meaningful way to grow your family, but it can also come with significant expenses. The adoption credit may help offset some of these costs by giving eligible taxpayers a dollar-for-dollar credit for qualified adoption expenses. For 2026, you…
Contributed by: JanaA, FreeTaxUSA Agent, Tax Pro Divorce can significantly change your tax situation. It may affect your filing status, eligibility for certain credits, treatment of alimony and child support, claiming of dependents, and the tax consequences of dividing property or retirement accounts. Understanding these…
Contributed by: TriciaD, FreeTaxUSA Agent, Tax Pro When you file your federal tax return, one of the first things you’ll need to know is whether the money, property, or services you received count as taxable income. In general, the IRS treats income as taxable unless a law specifically excludes it. That means some income…
Contributed by: Henry, FreeTaxUSA Agent, Tax Pro Believe it or not, some married couples end up paying more tax than they would if they had stayed single. This is called a marriage tax penalty. Congress is now looking at ways to fix it. What is the marriage tax penalty? Imagine two people who both work and earn money. If…