Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...
Form 1041 is used to report income earned from the grantor's date of death, and Schedule K-1 reports distributions made to beneficiaries of trusts. For 2025, the highest trust tax rate is 37%.
An individual partner or shareholder who has a Social Security number (SSN) or an individual tax ID number (ITIN) and a Schedule K-1 from between 2019-2022 on file can now access the business tax ...