Expenses you incur in connection with the business you run from your home are deductible from your federal taxes, up to a certain limit.
To calculate your expenses and deductions, you can either add up all your expenses and calculate the percentage of your home dedicated to your business, or use the simplified method for the same calculation.
Deduction rules have changed with the Tax Cuts and Jobs Act of 2017, so make sure deduction information is posted in 2018 or later.
The Electronic Federal Tax Payment System (EFTPS) is a 24/7 service provided by the US Department of the Treasury that allows taxpayers to make tax payments over the phone or the Internet.
Form 1095-B: Health insurance contains health insurance information for taxpayers, their spouses, and dependents if they are enrolled through an insurance company.
Form 1099-R is used to report distributions of annuities, income distribution plans, retirement plans, retirement accounts, insurance contracts, or pensions.
Form 2439 is an IRS form that regulated investment companies (RICs)—mutual funds and exchange-traded funds—and real estate investment trusts (REITs) are required to circulate to shareholders to report unallocated long-term capital gains.