Form 4835 – Farm Rental Income and Expenses
Form 4835 is an IRS tax form used by landowners who rent out their farmland, where they don't participate materially in the farming operation. It helps them report their rental income and expenses.
Schedule F (Form 1040) – Profit or Loss From Farming
Schedule F (Form 1040) is a tax form used by farmers to report their income and expenses from farming activities and determine their profit or loss. It plays a crucial role in calculating their overall tax liability.
Form 945 – Annual Return of Withheld Federal Income Tax
Form 945 is the IRS form used to report federal income tax withheld from certain types of non-payroll payments, like pensions and gambling winnings. It’s crucial for businesses and other entities to file this form correctly to avoid potential penalties.
Form 1099-K – Payment Card and Third Party Network Transactions (also noted under gig workers)
Form 1099-K is a tax document used to report payments you receive through payment cards or third-party payment networks, like PayPal or Venmo. It's crucial for gig workers and online sellers to understand this form.
Form 1042-S – Foreign Person’s U.S. Source Income Subject to Withholding
Form 1042-S is an IRS tax form used to report income paid to foreign individuals or entities that is subject to U.S. withholding taxes. It's important for both the payer and the recipient to understand.
Form 1040-NR-EZ – U.S. Income Tax Return for Certain Nonresident Aliens
Form 1040-NR-EZ is a simplified U.S. income tax return specifically for certain nonresident aliens with straightforward financial situations. It's designed to make filing taxes easier for those who qualify.
Form 1040-NR – U.S. Nonresident Alien Income Tax Return
Form 1040-NR is the U.S. income tax return specifically for non-U.S. citizens who have income from U.S. sources. It's important for nonresidents to file correctly to avoid penalties and ensure they meet their tax obligations.
Letter 11: Final Notice of Intent to Levy and Notice of Your Right to a Hearing
An IRS Letter 11 is a serious notice indicating the IRS intends to seize your assets to pay off unpaid taxes. It also informs you of your right to a hearing.
CP44 Notice: Refund Hold Due to Delinquent Taxes
A CP44 notice from the IRS means your tax refund is being held because you owe back taxes. This notice explains why and what you need to do.
CP71A Notice: Annual Reminder of Balance Due
The CP71A notice is an annual reminder from the IRS that you still owe money from a previous tax year. It is not a new bill, but a reminder of an existing balance.