Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

The minimum amount to issue a 1099-INT is $10 but you must report your interest income on Form 1040 each year even if it's less than this amount. Some types of entities or taxpayers are not ...

More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge ...

The person who receives the funds and whose Social Security number is on the form has to report the 1099-Q on their tax return. It’s likely that the student/beneficiary will pay little or no ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...

Maybe you received Form 1099-DIV? That’s for dividend income ... the IRS still requires you to report it on your tax return (under the “other income” line on Form 1040 or 1040-SR).

If you receive a 1099-K this year, make sure you don't accidentally double-report your income. For some gig workers, freelancers and small business owners, a new kind of IRS form may have arrived ...