As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

The IRS gives examples of how to account for these sales in the instructions to Schedule 1. There is a new line item ... you report that as capital gain on Form 8949 and Schedule D.

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

When are 2024 taxes due? The Internal Revenue Service started accepting federal tax returns in late January. Federal incom ...