TAX LIBRARY

We’ve put together a collection of resources to help you manage your taxes as well as prepare for the upcoming tax season. Simply click on one of the topics below and you’ll find a selection of tools and information related to taxes and tax strategies.

This material is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate.

Federal Tax Forms

The IRS estimates that Americans spend about 6.1 billion hours per year filling out tax forms.

Source: National Taxpayers Union, 2016

Here you can view, print, or save commonly used tax forms and accompanying instructions for completing the forms. The links below will take you to the Internal Revenue Service website.

FORM DESCRIPTION INSTRUCTIONS
1040 U.S. Individual Income Tax Return Instructions
1040A U.S. Individual Income Tax Return Instructions
1040EZ U.S. Individual Income Tax Return Instructions
Sch A Itemized Deductions Instructions
Sch B Interest and Ordinary Dividends n/a
Sch C Profit and Loss from Business Instructions
Sch C-EZ Net Profit from Business n/a
Sch D Capital Gains and Losses Instructions
Sch E Supplemental Income and Loss Instructions
Sch EIC Earned Income Credit n/a
Sch F Profit and Loss from Farming Instructions
Sch H Household Employment Taxes Instructions
Sch J Farm Income Averaging Instructions
Sch R Credit for the Elderly or the Disabled Instructions
Sch SE Self-Employment Tax Instructions
W-4 Employee’s Withholding Allowance Certificate n/a
W-4P Withholding Certificate for Pension or Annuity Payments n/a
W9 Request for Taxpayer Identification Number and Certification Instructions

Federal Tax Rate

These figures are for the 2018 tax year. Find your tax rate below.

SCHEDULE X – SINGLE
IF TAXABLE INCOME IS OVER: BUT NOT OVER: THE TAX IS:
$0 $9,525 10% of taxable income
$9,525 $38,700 $952.50 plus 12% of the amount over $9,525
$38,700 $82,500 $4,453.50 plus 22% of the amount over $38,700
$82,500 $157,500 $14,089.50 plus 24% of the amount over $82,500
$157,500 $200,000 $32,089.50 plus 32% of the amount over $157,500
$$200,000 $500,000 $45,689.50 plus 35% of the amount over $200,000
$500,000 no limit $150,689.50 plus 37% of the amount over $500,000
SCHEDULE Y-1 – MARRIED FILING JOINTLY OR QUALIFYING WIDOW(ER)
IF TAXABLE INCOME IS OVER: BUT NOT OVER: THE TAX IS:
$0 $19,050 10% of taxable income
$19,050 $77,400 $1,905.00 plus 12% of the amount over $19,050
$77,400 $165,000 $8,907.00 plus 22% of the amount over $77,400
$165,000 $315,000 $28,179.00 plus 24% of the amount over $165,000
$315,000 $400,000 $64,179.00 plus 32% of the amount over $315,000
$400,000 $600,000 $91,379.00 plus 35% of the amount over $400,000
$600,000 no limit $161,379.00 plus 37% of the amount over $600,000
SCHEDULE Y-2 – MARRIED FILING SEPARATELY
IF TAXABLE INCOME IS OVER: BUT NOT OVER: THE TAX IS:
$0 $9,525 10% of taxable income
$9,525 $38,700 $952.50 plus 12% of the amount over $9,525
$38,700 $82,500 $4,453.50 plus 22% of the amount over $38,700
$82,500 $157,500 $14,089.50 plus 24% of the amount over $82,500
$157,500 $200,000 $32,089.50 plus 32% of the amount over $157,500
$200,000 $300,000 $45,689.50 plus 35% of the amount over $200,000
$300,000 no limit $80,689.50 plus 37% of the amount over $300,000
SCHEDULE Z – HEAD OF HOUSEHOLD
IF TAXABLE INCOME IS OVER: BUT NOT OVER: THE TAX IS:
$0 $13,600 10% of taxable income
$13,600 $51,800 $1,360.00 plus 12% of the amount over $13,600
$51,800 $82,500 $5,944.00 plus 22% of the amount over $51,800
$82,500 $157,500 $12,698.00 plus 24% of the amount over $82,500
$157,500 $200,000 $30,698.00 plus 32% of the amount over $157,500
$200,000 $500,000 $44,298.00 plus 35% of the amount over $200,000
$500,000 no limit $149,298.00 plus 37% of the amount over $500,000

Source: Internal Revenue Service, 2018

Federal Tax Calendar

Here are some key dates for the current tax year.

2018
January
16 – Fourth quarter 2017 estimated tax due. Use Form 1040-ES.
31 – Deadline for employers to provide copies of Forms W-2 and 1099 for 2017 to employees.
February
15 – If you claimed exemption from income tax withholding last year on the Form W-4 you gave your employer, you must file a new Form W-4 by February 15 to continue your exemption for another year.
March
1 – Deadline for farmers and fishermen who have a balance due on their taxes to file their 2017 individual income tax returns and pay the balance due without penalties.
15 – Deadline for 2017 S Corporation corporate tax returns (Form 1120-S) or to request an extension using Form 7004.
April
17 – Deadline to file 2017 individual income tax returns (Form 1040, 1040A, or 1040EZ) and any taxes owed, or to file for an automatic 6-month extension.
17 – Last day to contribute to a traditional IRA, Roth IRA, or SEP-IRA for the 2017 tax year.
17 – First quarter 2018 estimated tax due. Use Form 1040-ES.
17 – Deadline to file 2017 trust tax returns (Form 1041) or to request an automatic extension.
17 – Deadline to file 2017 partnership tax returns (Form 1065) or to request an automatic extension (Form 7004).
17 – Deadline to file 2017 corporate tax returns (Form 1120) or to request an automatic extension (Form 7004).
June
15 – Deadline for U.S. citizens living abroad to file individual tax returns and pay any tax, interest, and penalties due, or to request a 4-month extension (Form 4868).
15 – Second quarter 2018 estimated tax due. Use Form 1040-ES.
September
17 – Third quarter 2018 estimated tax due. Use Form 1040-ES.
October
1 – Deadline for existing employers to establish a SIMPLE IRA plan.
15 – If you were given a 6-month extension to file your income tax return for 2017, file Form 1040, 1040A, or 1040EZ and pay any tax, interest, and penalties due.
15 – Final deadline to file 2017 partnership tax return if you were given a 6-month extension.

Source: Internal Revenue Service, 2017

Start typing and press Enter to search