When it comes to managing your taxes, understanding the forms you receive is half the battle. Among these, Form 1099-INT stands out if you’ve had any dealings with interest income over the past year.

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 ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced ...

The flurry of documents that fills Americans’ mailboxes at the start of tax season included pieces of paper this year that many people had not seen in a long time, if ever: 1099-INT forms, reminding ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...

Sharing a bank account with a partner or relative can make it easier to manage your money together. But it can also lead to some confusion during tax season. You must report and pay taxes on the ...

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Forms W-2s showing employment income. Forms 1099 showing dividends, retirement distributions, unemployment income and more. Forms 1099-INT if you received interest from a bank. Forms 1099-K or ...

If you have investments, you’ll need to prepare a special set of documents in order to properly file your tax return. These investment tax documents show key elements of your income, including ...

Treasury bills are low-risk investments backed by the U.S. government — but don’t overlook how they’re taxed. Do you pay taxes on Treasury bills? In short, yes: T-bill interest is subject to federal ...