Fact sheets

FS-2024-07, March 2024 — If a taxpayer sold goods or services in 2023 and received payments through certain payment apps or online marketplaces or accepted payment cards, they could have received a third party reporting document Form 1099-K, Payment Card and Third Party Network Transactions.

FS-2024-06, Feb. 2024 — In the continuing effort to improve tax compliance and ensure fairness, the Internal Revenue Service announced a new effort on Feb. 29, focused on high-income taxpayers who have failed to file federal income tax returns in more than 125,000 instances since 2017.

FS-2024-05, Feb. 2024 — Section 22007 of the Inflation Reduction Act of 2022 (IRA) provides financial assistance for farmers, ranchers, and forest landowners who experienced discrimination by the United States Department of Agriculture (USDA) in USDA farm lending prior to 2021. To implement Section 22007 of the IRA, USDA created the USDA Discrimination Financial Assistance Program (Program).

FS-2024-04, Feb. 2024 — This Fact Sheet updates frequently asked questions for the Premium Tax Credit.

FS-2024-03, Feb. 2024 — This fact sheet updates frequently asked questions about Form 1099-K. These updates contain substantial changes within each section.

FS-2024-02, Feb. 2024 — Most U.S. citizens and permanent residents who work in the United States need to file a tax return if they make more than a certain amount for the year.

FS-2024-01, Jan. 2024 — Some businesses and other payers withhold money from payments they make to certain people to satisfy backup withholding. These entities should remember their upcoming filing deadlines.

Find previous year news releases and fact sheets from 1997 through last month.