IRS updates frequently asked questions for states and local governments on taxability and reporting of payments from Coronavirus State and Local Fiscal Recovery Funds

FS-2022-36, September 2022 — This Fact Sheet updates frequently asked questions (FAQs) related to the Coronavirus State and Local Fiscal Recovery Funds established under the American Rescue Plan Act (SLFR Funds) (FS-2021-16). These funds give eligible state and local governments a substantial infusion of resources to meet pandemic response needs.
Frequently Asked Questions
Governments, State Governments, Local Governments

IRS updates draft version of Form 1099-DA, Digital Asset Proceeds From Broker Transactions; requests comments on form planned for 2025

IR-2024-204, Aug. 9, 2024 — The Internal Revenue Service today posted an early draft of the updated Form 1099-DA, which is the form for brokers to report certain sale and exchange transactions of digital assets that take place beginning in calendar year 2025. Generally, these forms will be sent separately to taxpayers and the IRS in early 2026.
News
News Media

401(k) plan fix-it guide - You haven't updated your plan document within the past few years to reflect recent law changes

401(k) Plan Fix-It Guide - You haven't updated your plan document within the past few years to reflect recent law changes.
General Information
Administrators

Publication 1436, Assurance Testing System (ATS) Guidelines for Modernized e-File (MeF) Individual Tax Returns

Publication 1436, Assurance Testing System (ATS) Guidelines for Modernized e-File (MeF) Individual Tax Returns - Developers must complete the applicable test returns in the Modernized e-File (MeF) Assurance Testing System (ATS) Updates prior to being accepted into the MeF Program.
Forms and Instructions

Tax Year 2021 Directions for Corporations to e-file

Corporations that are e-filing may use the following approved guidelines to prepare their income tax returns for tax years ending on or after December 31, 2021 without the need for a waiver. These directions are not all inclusive. This is a living document and it will be updated as needed. Updated sections will be identified by the date they were updated.
General Information

Tax year 2020 Forms 1094-B, 1095-B, 1094-C, and 1095-C Affordable Care Act Information Returns (AIR) release memo, XML schemas and business rules version 1.1, updated

Tax Year 2020 Forms 1094-B, 1095-B, 1094-C, and 1095-C Affordable Care Act Information Returns (AIR) Release Memo, XML Schemas and Business Rules Version 1.1, updated.
Software Development
Software Developers

Shipping information - Tax products

Product shipping information is updated throughout the filing season as items ship complete. Dates will change.
Forms and Instructions

Tax pro news and resources

Check here for the latest news of interest to tax professionals. We will update the page periodically as the news comes in.
About IRS
Tax Professionals

Relief from additions to tax for underpayments applicable to the new corporate alternative minimum tax

Updating to reference Notice 2023-42 to multiple product pages for underpayments applicable to the new corporate alternative minimum tax (CAMT).
Forms and Instructions
Individuals

Tax law questions

IRS has several online tools available to help you get answers to many of your tax questions. NOTE: we just updated this page.
General Information