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IRS Form 8606 is used when there are certain instances involving IRAs, including nondeductible contributions to traditional IRAs, distributions from Roth IRAs and Roth conversions.
If you overpaid taxes on unemployment compensation received in 2020, you'll now need to file an amended tax return for 2020 to claim the money the IRS owes you.
IRS issued 12 million refunds linked to a one-time, 2020 unemployment benefit. If it didn't get to you, you must file an amended return to get yours.
Tax Season 2021 has begun. When you dig into your tax return for reporting 2020 income, you’ll notice that Form 1040 has changed yet again.
WASHINGTON - The Internal Revenue Service announced Monday that nearly 940,000 Americans have unclaimed refunds for the tax year 2020 – and the deadline to submit for a refund is quickly ...