The party that will be paying you is responsible for requesting the W-9 form from you. However, the requester doesn't have a requirement to file the W-9 with the IRS. That person or business keeps the form on file and uses its information to prepare your information returns, such as 1...
If you accept credit or debit card payments online or use an online payment service like Venmo, you may receive a 1099-K from the payment service or third-party payment processor you used. Not sure what to do with the 1099-K you received? Here's what you
Key Takeaways You can use IRS Form 5405 to claim the homebuyer's tax credit if you were a first-time homebuyer who purchased your main home within specific dates around early 2010. A smaller credit was available for previous homeowners...