News

Consider working with a tax professional if you are a company or individual working with 1099-LS and 1099-SB forms. SSA-1099 The SSA-1099 documents Social Security benefits income.
Generally, income received on Form 1099-Q is tax-free as you’ll most likely have received this form due to distributions from qualified tuition programs (529 or private plans) or a Coverdell ...
1099-G reports money you received from the government, such as state and local tax refunds and unemployment compensation. 1099-INT reports interest income typically of $10 or more from your bank ...
Often issued with a 1099-DIV, 1099-OID, or 1099-R, you may not owe tax. But it’s important to report the amount in case you ...
Currently, the IRS mandates that platforms like Cash App and Venmo issue a 1099-K if an individual earns over $20,000 across ...