๐ง Learn the Basics
What is Taxable?
Explore real-world examples of what the IRS considers incomeโincluding ones that might surprise you.
Understanding Your Forms
W-2? 1099? Schedule C? We'll walk you through each form and when it applies to you.
Deductions vs. Credits
Learn the difference, how each affects your refund, and how to make the most of both.
Self-Employed & Gig Work
Understand quarterly taxes, write-offs, and how to stay compliant without getting overwhelmed.
Step 1: Income Sources
Select all that apply:
๐ข Live Tax News & IRS Updates
The IRS released new mileage rates for 2025 and expanded e-filing capabilities for self-employed individuals using Schedule C. This includes real-time validations and a faster submission process through modern e-file platforms.
New Child Tax Credit guidelines have been issued, offering clarification for families where custody or household status changes during the year. Learn how to split the credit or alternate years when claiming dependents.
The IRS published updates on Form 1099-K thresholds, confirming that payment platforms like PayPal, Venmo, and CashApp must report transactions over $5,000 annually. This affects many gig workers and online sellers.
A new IRS advisory highlights upcoming seasonal audit triggers and increased scrutiny on refundable credits. Review your filings carefully to avoid delays or notices for Earned Income Credit and Premium Tax Credit claims.
๐ Tools & Downloads
Simple Tax Checklist โ A printable list of documents to gather before filing, including income statements, deductions, dependents, and form references.
2024โ2025 Federal Tax Brackets โ Visual comparison of the latest IRS income tax rates for all filing statuses, including marginal rate breakdowns and thresholds.
How to File Your Taxes Step-by-Step โ A beginner-friendly walkthrough of the filing process, including what forms youโll need and how to use online tools like e-File or tax software.
Browse and download official IRS forms directly:
- Form 1040 โ U.S. Individual Income Tax Return
- Schedule C โ Profit or Loss from Business
- Schedule SE โ Self-Employment Tax
- Form 1099-K โ Payment Card/Third Party Network Transactions
- Form 1099-NEC โ Nonemployee Compensation
- Schedule B โ Interest and Ordinary Dividends
- Schedule D โ Capital Gains and Losses
- Form 8949 โ Sales and Other Dispositions of Capital Assets
- Schedule 8812 โ Child Tax Credit
- Form 8863 โ Education Credits (AOTC, LLC)
- Form 8889 โ Health Savings Accounts (HSA)
- Form W-2 โ Wage and Tax Statement
IRS Interactive Tax Assistant โ Answer common tax questions online, like โDo I need to file?โ or โCan I claim a dependent?โ Powered by official IRS logic and updated for 2025.
๐ 2024โ2025 Federal Tax Brackets
Compare the latest income thresholds for each tax rate, organized by filing status. These brackets reflect IRS inflation adjustments for 2025.
Single Filers
- 10% โ $0 to $11,600
- 12% โ $11,601 to $47,150
- 22% โ $47,151 to $100,525
- 24% โ $100,526 to $191,950
- 32% โ $191,951 to $243,725
- 35% โ $243,726 to $609,350
- 37% โ $609,351 and up
Married Filing Jointly
- 10% โ $0 to $23,200
- 12% โ $23,201 to $94,300
- 22% โ $94,301 to $201,050
- 24% โ $201,051 to $383,900
- 32% โ $383,901 to $487,450
- 35% โ $487,451 to $731,200
- 37% โ $731,201 and up
Head of Household
- 10% โ $0 to $16,550
- 12% โ $16,551 to $63,100
- 22% โ $63,101 to $100,500
- 24% โ $100,501 to $191,950
- 32% โ $191,951 to $243,700
- 35% โ $243,701 to $609,350
- 37% โ $609,351 and up
Married Filing Separately
- 10% โ $0 to $11,600
- 12% โ $11,601 to $47,150
- 22% โ $47,151 to $100,525
- 24% โ $100,526 to $191,950
- 32% โ $191,951 to $243,725
- 35% โ $243,726 to $365,600
- 37% โ $365,601 and up