A major change by the Social Security Administration could affect some beneficiaries’ incomes — potentially cutting their ...

Distributions for qualified medical expenses from Health Savings Accounts (Form 1099-SA) Additionally, the department says Direct File may be a good option if you: Lived in Pennsylvania for all of ...

In less than a week now, the federal Real ID requirement goes into effect and will be enforced by TSA agents at airports across the country. Starting May 7, anyone 18 years of age or older will ...

3. Proof of Social Security Number. Present at least one document: Social Security card Pay stub containing your name and social security number W-2 form SSA 1099 form or non-SSA 1099 form ...

New Rules for Form 1099-K For the 2023 tax year, third-party payment processors only needed to send out 1099-Ks if account holders conducted more than 200 transactions totaling at least $20,000 in ...

>> Bring common tax documents. These can include W2 forms showing wages from a job, Form 1099 showing other kinds of income and Form SSA-1099, showing Social Security benefits.

Instead, you check the box on line 6c of your Form 1040 or 1040-SR if it lowers the taxable portion of your benefits and pay any taxes owed for the prior year with your current year’s tax return.

Qualified dividends are shown in box 1b of your Form 1099-DIV. Qualified dividends taxed at lower capital gains rates are entered on Form 1040, line 3a. Capital gains distributions are reported on ...

Form 1099-SB is filed after 1099-LS (sale or transfer of a life insurance policy) has occurred. While the latter documents the purchase, 1099-SB documents the cost basis for the life insurance.

— All pension and retirement statements (Form 1099-R) — 1099-MISC, 1099-K, 1099-NEC or other 1099 forms. — A copy of last year’s federal and state returns ...