Form 2439 – Notice to Shareholder of Undistributed Long-Term Capital Gains (previously listed but relevant here)
Form 2439 is an IRS form that informs shareholders about their share of a fund's undistributed long-term capital gains. This form is key for correctly reporting your taxes when a mutual fund or REIT doesn't distribute all of its capital gains to shareholders.
Form 1099-K – Payment Card and Third Party Network Transactions
Form 1099-K reports income you receive through payment cards or third-party payment networks. It helps the IRS track income and ensure taxes are paid.
Form 8949 – Sales and Other Dispositions of Capital Assets (applicable to cryptocurrency sales)
Form 8949 is an IRS form used to report the details of your capital asset sales, including cryptocurrencies. It's crucial for calculating your capital gains or losses, which affect your tax liability.
Form 8917 – Tuition and Fees Deduction
Form 8917 is used to claim the tuition and fees deduction, a tax break that can help eligible taxpayers reduce their tax burden by offsetting some of the costs of higher education. While no longer available for tax years after 2017, it's important to know about this form for amended returns or previous years.
Form 8863 – Education Credits (American Opportunity and Lifetime Learning Credits)
Form 8863 is an IRS tax form used to claim education tax credits, specifically the American Opportunity Credit and the Lifetime Learning Credit. These credits can significantly reduce your tax liability and help offset the cost of higher education.
Form 4835 – Farm Rental Income and Expenses (previously mentioned for agricultural filings)
Form 4835 is used by farm landlords to report their income and expenses from renting out farmland. It helps determine your taxable income from these rentals.
Form 1099-G – Certain Government Payments (noted earlier, relevant to agricultural subsidies)
Form 1099-G is a tax form you'll receive from a government agency if you were paid certain types of government benefits or subsidies. It's important to understand this form because you'll need to report this income on your tax return.
Form 7004 – Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns
Form 7004 is an IRS form used by businesses to request an automatic extension of time to file various tax returns. It gives you more breathing room without the pressure of a strict deadline.
Form 4868 – Application for Automatic Extension of Time to File U.S. Individual Income Tax Return (reiterated under extension categories)
Form 4868 is a way for individuals to automatically get more time to file their federal income tax return, providing an extra six months to complete the paperwork. It's essential for those who can't meet the usual April tax deadline.
Form 9465 – Installment Agreement Request (already highlighted, emphasized here under collection strategies)
Form 9465 is the form you use to ask the IRS to let you pay your tax debt in monthly installments over time. This form can be a great option if you're struggling to pay your taxes in full.