Blog Posts
Due Diligence Requirements for Certain Tax Benefits & Disallowance Rules
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comConcise Takeaway Paid tax return preparers must follow strict due diligence rules when preparing returns involving EIC, CTC/ACTC/ODC, AOTC, and Head of Household. Failure to comply results in a $635...
Income Exclusions
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comCertain types of income are not...
Reporting Gains and Losses
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comGains and losses fall into two...
Disposition or Sale of Property
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comA disposition occurs when a...
Basis of Property
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comBasis represents a taxpayer’s...
Additional Income
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comTaxpayers report various types...
Business Income and Loss
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.comA trade or business exists when...
