Income reported on a 1099 form is usually taxable, but not always. The IRS also receives copies of your 1099 forms, and you’ll probably receive a notice from the IRS if you don’t report ...

Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...

This change in reporting requirements will require third-party payment apps to send the IRS a 1099-K for earnings over $5,000 ...

While most IRA distributions are taxable, QCDs avoid taxation if they are sent directly to a qualifying charity by the IRA ...

Typically, this information gets reported using an IRS tax form called the 1099-K. The Form 1099-K is a reporting form meant specifically for transactions made through third-party network ...

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt. You must include the ...

Settlement agreement wording is important and can help avoid tax trouble. It does not bind the IRS, but helpful tax language in a settlement agreement can resolve audits.

Form 8949 is used to report the sale or exchange of capital assets, such as stocks, real estate, or cryptocurrencies to the ...