Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Anyone who earned more than $5,000 in 2024 selling tickets, musical instruments or other goods and services online should expect to get a 1099-K tax form this month. Online platforms such as ...

Tax preparers and online software programs will walk you through the list, but it’s a good idea to have a general idea of which route makes more sense. The standard deduction amount on 2024 returns is ...

Did you just receive a new form called a 1099-K, a form that you never ... You also cannot use Direct File if you itemize deductions. Other free programs exist, many with some limitations ...

The Internal Revenue Service has released a list of tips to help taxpayers file this year. Filers have until April 15 to file their returns for tax year 2024.

I have practiced public accounting for 21 years and can tell you without doubt that the 20% small-business deduction has been ... particularly the thresholds on 1099-NEC and 1099-K forms that ...

Forms 1099 showing dividends ... will walk you through the list, but it’s a good idea to have a general idea of which route makes more sense. The standard deduction amount on 2024 returns ...