Form 1098-T is an IRS tuition statement issued by colleges or universities to students, detailing qualified education expenses, scholarships, and adjustments, helping taxpayers claim education-related credits accurately.
Form 1040 – Individual Income Tax Return is the IRS form every U.S. taxpayer uses to report annual income, calculate taxes owed, claim credits, and request refunds from the federal government.
Form 945 is an IRS reporting form that businesses use to declare federal income tax withheld from nonpayroll payments, ensuring proper compliance for income types outside regular employee wages.
Form 1042 is the IRS annual withholding tax return that reports U.S. source income paid to foreign persons, ensuring correct withholding, compliance, and proper tax credit allocation.
Form 7004 allows businesses to request an automatic extension for filing income, information, and other business tax returns, ensuring compliance and avoiding penalties when submitted correctly.
Form 1120-S is the IRS income tax return for S Corporations, used to report income, deductions, and shareholder allocations so profits are taxed on individual returns, not at the corporate level.
Form 1065 is an IRS-required tax return that partnerships use to report yearly income, expenses, and allocations so each partner can correctly report taxes on their own return.
