They’re a harbinger of the tax season to come ... Other types of income, whether from contract work or investment income, get reported via a 1099 form. These 1099 forms start hitting your ...
When your tax forms are late. You technically don't need a 1099 form to file a tax return. What the IRS cares about is that ...
Holding some of your interest-generating investments in tax-advantaged accounts ... reports the interest paid to you on Form 1099-INT. How do I report interest income? It indicates an expandable ...
If, after making contact, you're still missing the 1099 forms you're in need of, you can reach out to the IRS at ...
The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...
In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
Taking these steps can ensure you report your income correctly on your income tax return ... especially if they are receiving a Form 1099-K. The return on investment is usually worth it in ...
Taking these steps can ensure you report your income correctly on your income tax return ... especially if they are receiving a Form 1099-K. The return on investment is usually worth it in ...