Schedule K-1 is used to report the amount of income each party is responsible for in a pass-through entity, like an S corporation or partnership. Each shareholder or partner will receive a Schedule K-1. If you're part of a new S corporation or partnershi
What is a 1099-K used for? What do I do with it? If you receive a 1099-K form, it generally includes the gross amount of all the reportable payment transactions from the platform (payment settlement entity) . The platform or app you used will send two copies of your 1099-K informatio...
A 401(k) is a retirement savings plan that lets you invest a portion of each paycheck before taxes are deducted depending on the type of contributions made. Because of 401(k) tax advantages, the federal government imposes some restrictions about when you can withdraw your 401(k) contributions...
What Is a 1040 Tax Form? If you’re preparing your taxes, you'll file federal income tax Form 1040. Geoff WilliamsMarch 20, 2025 How to Choose Your Filing Status Choosing a tax status can be harder than it looks, especially if you’re new to taxes or if you’ve had a rec...
competitor [kəmˈpetitə(r)] n. 参赛者;竞争者 its [its] adj. 它的 form [fɔ:(r)m] n. 形式;类型 clay [klei] n. 黏土;陶土 celebration [ˌselɪˈbreɪʃn] n. 庆典;庆祝活动 balloon [bəˈlu...
, so you may be wondering what a Form 1099 is, or why there are different kinds. Here’s the simple answer: different 1099 forms report various types of income to the Internal Revenue Service (IRS). The income reported on an IRS 1099 is different from the income on your Form W-2....
or “Which color is missing?” “缺了什么颜色?”还是“缺了哪种颜色?” Zehra. 泽拉。 Dear Zehra, Thank you for your question! 亲爱的泽拉,感谢你的提问! Either of these questions could be correct. 这两个问句都有可能是正确的。 “What” and “which” can both be used to form a question...
What Is the U.S. National Debt? On its current trajectory, the U.S. national debt could soon reach its highest level in 80 years. Dawn PapandreaandTanza LoudenbackMarch 13, 2025 Will Trump Cause a Recession? Donald Trump took office on Jan. 20, 2025, and experts debate whether his pol...
Mark TWain once remarked tiiat news is history in its first and best form. 马克·吐温曾说新闻最为重要的形式是历史。 The American poet Ezra Pound added an interesting idea to that. 美国诗人埃兹拉·庞德就此补充过一个有趣的观点: He defined literature as news that stays news. Among other thin...
A Form 10-K is filed by public companies. Once it is filed, it is used by investors and prospective investors. It allows them to study the specific ways a company operates and makes its money. It also explains where the company operates and any risks the company faces, including any curr...