Frequently Asked Tax Questions
And Answers
Welcome to the Internal Revenue Service's
questions and answers section. We have reformated and added
additional Frequently Asked Tax Questions for tax year 2003.
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You may select frequently asked questions by:
Frequently Asked Questions by Category
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IRS Procedures
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Filing Requirements/Status/Dependents/Exemptions
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Itemized Deductions/Standard Deductions
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Interest/Dividends/Other Types of Income
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Pensions and Annuities
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Social Security Income
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Child Care Credit/Other Credits
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Earned Income Tax Credit
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Estimated Tax
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Capital Gains, Losses/Sale of Home
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Sale or Trade of Business, Depreciation, Rentals
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Small Business/Self-Employed/Other Business
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Aliens and U.S. Citizens Living Abroad
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Electronic Filing (e-file) and TeleFile
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Magnetic Media Filers
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Other (Alternative Minimum Tax, Estates, Trusts, Tax Shelters,
State Tax Inquiries)
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Individual Retirement Arrangements (IRAs)
Frequently Asked Questions by Subcategory
1. IRS
Procedures
1.1. General
Procedural Questions
1.2. Address
Changes
1.3. Amended
Returns & Form 1040X
1.4. Code,
Revenue Procedures, Regulations, Letter Rulings
1.5. Collection
Procedural Questions
1.6. Copies
& Transcripts
1.7. Extensions
1.8. Forms
& Publications
1.9. Injured
& Innocent Spouse
1.10. Name
Changes & Social Security Number Matching Issues
1.11. Notices
& Letters
1.12. Refund
Inquiries
1.13. Reporting
Fraud
1.14. Signing
the Return
1.15. W–2
- Additional, Incorrect, Lost, Non-receipt, Omitted
1.16. W–4
- Allowances, Excess FICA, Students, Withholding
2. Filing
Requirements/Status/Dependents/Exemptions
2.1. Filing
Requirements
2.2. Filing
Status
2.3. Dependents
& Exemptions
3. Itemized
Deductions/Standard Deductions
3.1. Autos,
Computers, Electronic Devices (Listed Property)
3.2. Education
& Work-Related Expenses
3.3. Gifts
& Charitable Contributions
3.4. Interest,
Investment, Money Transactions (Alimony, Bad Debts, Applicable
Federal Interest Rate, Gambling, Legal Fees, Loans, etc.)
3.5. 5.
Medical, Nursing Home, Special Care Expenses
3.6. 6.
Real Estate (Taxes, Mortgage Interest, Points, Other Property
Expenses)
3.7. 7.
Other Deduction Questions
4. Interest/Dividends/Other
Types of Income
4.1. 1099–DIV
Dividend Income
4.2. 1099–INT
Interest Income
4.3. 1099–MISC,
Independent Contractors, and Self-employed
4.4. 1099
Information Returns (All Other)
4.5. Alimony,
Child Support, Court Awards, Damages
4.6. Employee
Reimbursements, Form W–2, Wage Inquiries
4.7. Gifts
& Inheritances
4.8. Grants,
Scholarships, Student Loans, Work Study
4.9. Life
Insurance & Disability Insurance Proceeds
4.10. Ministers'
Compensation & Housing Allowance
4.11. Savings
Bonds
4.12. Tips
5. Pensions
and Annuities
5.1. General
5.2. Contributions
5.3. Distributions,
Early Withdrawals, 10% Additional Tax
5.4. Loans
& Other Retirement Account Transactions
5.5. Rollovers
6. Social
Security Income
6.1. Back
Payments
6.2. Canadian
& Foreign Treaties
6.3. Regular
& Disability Benefits
6.4. Survivors'
Benefits
7. Child
Care Credit/Other Credits
7.1. Child
and Dependent Care Credit & Flexible Benefit Plans
7.2. Child
Tax Credit
7.3. Credit
for the Elderly or the Disabled
7.4. Hope
& Life Time Learning Educational Credits
7.5. Other
Credits
7.6. Advance
Child Tax Credit
8. Earned
Income Tax Credit
8.1. Qualifying
Child Rules
8.2. Taxable
& Nontaxable Income
8.3. Other
EITC Issues
9. Estimated
Tax
9.1. Businesses
9.2. Farmers
& Fishermen
9.3. Individuals
9.4. Large
Gains, Lump-sum Distributions, etc.
9.5. Penalty
Questions
10. Capital
Gains, Losses/Sale of Home
10.1. Property
(Basis, Sale of Home, etc.)
10.2. Stocks
(Options, Splits, Traders)
10.3. Mutual
Funds (Costs, Distributions, etc.)
10.4. Losses
(Homes, Stocks, Other Property)
11. Sale
or Trade of Business, Depreciation, Rentals
11.1. Depreciation
& Recapture
11.2. Rental
Expenses v Passive Activity Losses (PALs)
11.3. Personal
Use of Business Property (Condo, Timeshare, etc.)
11.4. Sales,
Trades, Exchanges
12. Small
Business/Self-Employed/Other Business
12.1. Entities:
Sole Proprietor, Partnership, Limited Liability
Company/Partnership (LLC/LLP), Corporation, Subchapter S
Corporation
12.2. Form
1099–MISC & Independent Contractors
12.3. Form
W–2, FICA, Medicare, Tips, Employee Benefits
12.4. Form
W–4 & Wage Withholding
12.5. Form
SS–4 & Employer Identification Number (EIN)
12.6. Forms
941, 940, Employment Taxes
12.7. Income
& Expenses
12.8. Schedule
C & Schedule SE
12.9. Starting
or Ending a Business
13. Aliens
and U.S. Citizens Living Abroad
13.1. Canadian
& U.S. Tax Issues
13.2. Exchange
Rate
13.3. Foreign
Income & Foreign Income Exclusion
13.4. Nonresident
Alien - General
13.5. Nonresident
Alien - Tax Withholding
13.6. Nonresident
Alien - Students
13.7. U.S.
Citizens Overseas
13.8. Other
14. Electronic
Filing (e-file) and TeleFile
14.1. Age/Name/SSN
Rejects, Errors, Correction Procedures
14.2. Amended
Returns
14.3. Due
Dates & Extension Dates for e-file
14.4. Forms
W–2 & Other Attachments
14.5. TeleFile
15. Magnetic
Media Filers
16. Other
(Alternative Minimum Tax, Estates, Trusts, Tax Shelters, State
Tax Inquiries)
17. Individual
Retirement Arrangements (IRAs)
17.1. Distributions,
Early Withdrawals, 10% Additional Tax
17.2. Rollovers
17.3. Roth
IRA
17.4. Traditional
IRA
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