Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...
If you receive a form 1099-INT in the mail, count yourself lucky. Sure, it's another tax document to keep track of, but it's also an accomplishment: It means you probably earned more than $10 in ...
Don’t forget to pay taxes on the interest earned in your HYSA Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Updated ...
Here's the tax form you'll need to report your income on your tax return. Tax season has started, and already, you should have gotten a lot of the forms you need in order to prepare your return. In ...
As of 2013, W2 Mate (http://www.W2Mate.com/W2-Mate.html) supports electronic reporting for the following IRS and SSA tax forms: W-2, 1099-MISC, 1099-INT, 1099-K, 1099 ...
Joint accounts often appear convenient but can be a real headache when it comes to taxes. For federal income tax purposes, the treatment of joint accounts is determined by local law. That sounds ...
You should expect to receive the following IRS tax forms from cryptocurrency exchanges and similar platforms before January 31, 2021. The information reported on these forms summarize your 2020 ...
Interest income may feel like free money, but it's rarely tax-free. Here's a guide to the form 1099-INT for interest income. If you receive a form 1099-INT in the mail, count yourself lucky. Sure, ...