Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

Box 2a shows whether your mutual fund holdings made capital gains distributions last year. (If you yourself made a sale, you’ll see that reflected on Form 1099-B, not 1099-DIV.) When funds have ...

Forms 1099-QA and 1098-F: Purpose and Requirements Form 1099-QA: Distributions From ABLE Accounts Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It ...

Let's assume that an individual received distributions via a substantially equal periodic payment (SEPP) program from the IRA. However, instead of using Code 2 in Box 7 of Form 1099-R, the issuer used ...

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

A notable development is Montana's introduction of the Form 1099-DA mandate, reflecting a broader trend toward increased oversight of digital asset transactions. This article provides an overview of ...

Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically designed ...