E-filing of Form 1040 and Form 1040-SR can be done at www.myguamtax.com. DRT encourages taxpayers to file these online. Taxpayers may register to file online using the link.

Add up the money you spent on your own healthcare for the year. Use IRS Form 1040 or 1040-SR. Enter your Medical expenses on lines 1 through 4 of the Form 1040 or 1040-SR.

The Senate’s new One Big Beautiful Bill Act includes what lawmakers are calling a “senior bonus.” It’s shaping up to be one ...

Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year.