Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

Form 2441 is used for claiming child and dependent care expenses Investopedia / Zoe Hansen IRS Form 2441 calculates the amount of the Child and Dependent Care tax credit an eligible family can claim ...

Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are from ...

The Income Tax Department clarified that recent communications to taxpayers about transaction discrepancies are advisory, ...

Home loan repayment deductible under Section 80C, capped Rs1.5 lakh.Missed ITR can be filed by December 31, 2025; ...