If Box 2 on your Form 1098-E is checked, it indicates that the reported interest amount does not include origination fees or capitalized interest from loans originated before September 1, 2004. What Form 1098-E tells you Your student loan lenders are required to send you Form 1098...
More in College and Education What is Form 1098-E: Student Loan Interest Statement?Sending Kids to College529 Plans and Taxes: Deductions, Tax-Free Withdrawals & MoreTax Tips for Teachers: Deducting Out-of-Pocket Classroom ExpensesWhat is IRS Form 1099-Q?The...
Form 1099-R is an IRS tax form used to report distributions from annuities, profit-sharing plans, retirement plans, or insurance contracts.
Form 1099-MISC: Miscellaneous Information, is an IRS form used to report certain types of nonemployee compensation.
Form 1098-T is a tuition statement for higher education expenses. Records for any stocks or other investments that you sold in 2024, including crypto transactions or other digital assets. Learn more: Here’s a checklist of tax documents you’ll need to file your taxes this year Bottom line...
The American Opportunity Tax Credit (AOTC) is a partially refundable tax credit for undergraduate college education expenses. Learn more.
Let me introduce you to a range of features we have recently implemented, as well as some that will be released soon. Over the past few months, we...
You can find the amount of mortgage insurance premiums you paid on theForm 1098that your lender or servicer sends to you each year. It is listed in box 5, separate from the mortgage interest you paid (box 1). Mortgage closing costs ...
What’s new in Forms | June 2023 Let me introduce you to a range of features we have recently implemented, as well as some that will be released soon. Over the past few months, we have made significant improvements to the process of......
September 09, 2024 The 1099-NEC is the form that will be needed to report independent contractor payments for calendar year 2020. So who gets a 1099-NEC? Typically, this form is issued to independent contractors, janitorial services, third-party accounts and any other worker paid for services...