If your tax return contains any of these 3 red flags, you're more likely to be audited by the IRS, CPAs say
Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 million in 2021 were served an audit notice from the Internal Revenue Service ...
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A Tax Expert's Warning: Don't Make This Costly Mistake if You Receive a 1099-K
Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send you a refund for the difference. If you report too much income, the IRS ...
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An unexpected tax form in your mailbox could signal identity theft
People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never used.
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What Is Form 1099-Q: Payments From Qualified Education Programs?
Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...
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SSA-1099 Form: How to get your Social Security benefit statement if you didn't receive it?
If you don't have an account, you can create one. Then select the "Replace Your Tax Form SSA-1099/SSA-1042S" option and find the "Choose a Year" dropdown menu and select the relevant tax year.