Form 16/ 16A is the declaration of tax deduction at source provided by the employer on behalf of the employees. Form 16 is released yearly for the preceding fiscal year, generally before the end of ...

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Over the years, the IRS has created a vast network of forms.

When a married couple files a joint tax return, both spouses typically share responsibility for any tax liabilities. However, if one spouse has past-due debts - such as unpaid federal taxes, state ...

The Form 16 is a crucial tax sheet that includes all the necessary details required for an employee to file their Income Tax Returns (ITR). Employers are required to provide Form 16 to their employees ...

The I-T Department issues different forms for different types of taxpayers. This is based on their income sources, level of income, residential status, and legal status of the taxpayer, among others.

If your teen had income in 2021, you might be preparing to help them file taxes in April. Whether you opt to do it yourself, use tax filing software, or hire a tax preparation firm, it helps to know ...