As tax season 2025 approaches, the IRS emphasizes the importance of addressing digital assets, even for those who haven't ...
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You could see this tax form for the 'first time ever' this season, taxpayer advocate saysaccording to the IRS. If you made a profit selling an item — meaning the sales price is more than what you originally paid — you need to report that gain on Form 8949 and Schedule D.
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Inherited property sale: Do you need to pay taxes on the money received?Selling an inherited property can be a complex process, especially when it comes to understanding tax obligations.
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IRS is cracking down on your online income. What to knowyou must report it as a capital gain on Form 8949 and Schedule D. Meanwhile, President Donald Trump issued an indefinite hiring freeze for the IRS Monday, which will remain in place until his ...
Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...
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Form 1099-B: What Is It, Who Files It and Who Gets It?Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...
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