We may apply a penalty that will reduce your SSI payment by $25 to $100 for each time you fail to report a change." Worse still, if you knowingly provide false information or withhold critical ...

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

Social Security Disability Insurance (SSDI) offers crucial support for individuals unable to work due to disability.

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions related to filing of tax ...

Though you’ll owe federal income tax on unemployment benefits, you won’t have to pay Social Security or ... return using IRS Form 1040-X and include Form 1099-G to report your benefits.

A tax return may be inaccurate or incomplete for various reasons, and can result in it being rejected by the IRS.

Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

Before pressing send to file your federal or state tax returns electronically, or pop the paper returns into the mail, read ...

A qualifying child has a Social Security number and is a U.S. citizen ... niece or nephew), according to the IRS. When you ...

A little confusion over something that's seemingly simple can end up taking a costly toll when not handled properly.

The self-employment tax is a 15.3% tax you’ll pay for Social Security and Medicare ... or an S corporation. Report your net profit or loss on IRS Form 1040 or IRS Form 1040-SR.