When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...

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%.

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

Michael receives a Schedule K-1 that reports $100,000 of ordinary ... these partners should ensure that their tax professionals properly file a Form 8082 with their return. This filing precludes ...

"Always remember that the amount reported on a tax form is not necessarily ... "The place at the top of Schedule 1 to enter incorrect 1099-K information is new," Luscombe said.