When you earn wages, tips, or a salary, your employer will send you a W-2 form detailing your income over the past year. The Form 1099 is used by the IRS to report all other forms of income you’ve received. Find out more.
Cost basis has become a hot topic among investors and brokerage firms alike. Check out the tax reporting changes that will affect you this tax season Full story
View a simple guide to the 1099 tax forms and tax information that you’ll receive from your brokerage during tax season. Full story
At tax time, one of the forms that you might run into is the 1099… Full story
In many cases, the IRS will discover any additional income you didn’t report on your tax return or haven’t yet reported. This additional income comes in the shape of a 1099 form. Don’t fret, because it’s never too late to file it. Let’s breakdown what a 1099 form is exactly and look at some simple steps you can take to if you haven’t filed it. Full story
Recent tax regulations allow financial institutions until February 16, 2010 to mail tax information to you. Full story