IRS Issues 2021 Tax Year Publication 590-A
The IRS has issued the 2021 tax year Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs).
IRS Re-Releases 2021 Form W-4P
The IRS has re-released the 2021 Form W-4P, Withholding Certificate for Pension or Annuity Payments.
IRS Issues Updated Draft Forms W-4P and W-4R
The IRS has issued new drafts of the 2022 Form W-4P, Withholding Certificate for Periodic Pension or Annuity Payments, and the 2022 Form W-4R, Withholding Certificate for Nonperiodic Payments and Eligible Rollover Distributions.
IRS Posts 2022 Instructions for Form 1042-S
The IRS has posted the 2022 tax year detailed Instructions for Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding.
2022 IRS Form 1042-S Released
The IRS has posted the 2022 tax year version of Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding.
2022 Tax Year IRA and Retirement Plan Reporting Forms 1099-R, 5498
The IRS has posted at its website the 2022 tax year version of Form 1099-R and Form 5498.
Proposed Bill Would Provide Permanent Distribution Relief
Representatives Mike Thompson and Mike Kelly have introduced a bipartisan bill that would make permanent automatic retirement plan and IRA tax relief in connection with federally declared disasters.
2022 Reporting Instructions for HSAs and MSAs
The IRS has posted 2022 Instructions for Forms 1099-SA and 5498-SA.
IRS Posts 2021 Form 5329
The IRS has posted the 2021 tax year Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts.
IRS Announces Online Tool to Validate Form 1042-S Data
The IRS has announced the launch of a new online tool designed to assist U.S. withholding agents in complying with their reporting and withholding obligations with respect to Form 1042-S.