Form 8941 – Credit for Small Employer Health Insurance Premiums (reiterated under small business tax relief)
Form 8941 is used by eligible small employers to claim a tax credit for contributions they make towards their employees' health insurance premiums, helping to make healthcare more affordable. This credit is designed to help small businesses provide health benefits to their employees.
Form 2210 – Underpayment of Estimated Tax by Individuals, Estates, and Trusts
Form 2210 is used to determine if you owe a penalty for not paying enough taxes throughout the year through withholdings or estimated tax payments. It applies to individuals, estates, and trusts who don't meet the IRS's minimum tax payment requirements.
Form 843 – Claim for Refund and Request for Abatement (mentioned previously under relief but critical here)
Form 843 is used to request a refund of overpaid taxes or to ask the IRS to reduce or eliminate a tax penalty or interest. It's a key tool for correcting tax issues and seeking relief.
Form 1099-K – Payment Card and Third Party Network Transactions (reiterated here for crypto traders)
Form 1099-K reports payments you receive through payment cards or third-party payment networks. For crypto traders, it's crucial for understanding and reporting your transactions correctly.
Form 1099-B – Proceeds from Broker and Barter Exchange Transactions
Form 1099-B reports proceeds from sales of stocks, bonds, and other securities, as well as from barter exchanges. Understanding this form is crucial for accurately filing your taxes, particularly if you invest or engage in bartering.
Form 8835 – Renewable Electricity Production Credit
Form 8835 is used to claim the renewable electricity production credit, which helps businesses that generate electricity from renewable sources lower their tax bill. It encourages investment in clean energy.
Form 8912 – Credit to Holders of Tax Credit Bonds (noted earlier under specialized credits)
Form 8912 is used by holders of certain tax credit bonds to claim a credit on their federal income tax return. This credit helps incentivize investment in these types of bonds.
Form 5330 – Return of Excise Taxes Related to Employee Benefit Plans
Form 5330 is an IRS form used to report and pay excise taxes related to certain issues with employee benefit plans, like retirement plans or health plans. It helps ensure these plans are managed according to tax rules.
Form 5500-EZ – Annual Return of One-Participant (Owners and Their Spouses) Retirement Plan (reiterated under retirement categories)
Form 5500-EZ is an IRS form used by small business owners and their spouses to report information about their one-participant retirement plans. It’s a way to keep the government in the loop about your retirement savings.
Form 3903 – Moving Expenses
Form 3903 is an IRS tax form used to claim deductions for eligible moving expenses when you move for work. Understanding this form can help you reduce your tax burden if you qualify.