Form 1040 – Schedule K-1 (Form 1065) – Overview Schedule K-1 (Form 1065) is a source document that is prepared by a Partnership as part of the filing of...
Form 1099-A, Acquisition or Abandonment of Secured Property When a house is foreclosed upon by the bank, the owners will typically receive Form 1099-A from the lender showing several pieces...
Education Credits and Tuition and Fees Deduction (Form 1098-T) Education tax credits help offset the expenses of higher learning by reducing the tax an individual would owe the IRS...
Form 1099-C – Cancellation of Debt / Form 982 – Reduction of Tax Attributes What Is Cancellation of Debt? “If you borrow money from a commercial lender and the lender later cancels or forgives...
Form 1099-MISC, Miscellaneous Income Form 1099-Misc is used to report any miscellaneous income to a taxpayer that would not be included on a Form...
Form 1099-Q – Payments from Qualified Education Programs Form 1099-Q is an IRS form for an individual that receives distributions from a Qualified Education Program. This form is used...
Where To Report Certain Items From Forms W-2, 1098, and 1099 Form Item and Box in Which It Should Appear Where To Report if Filing Form 1040 W-2 Wages, tips, other...
Form 1040 – Schedule K-1 (Form 1065) – Overview Schedule K-1 (Form 1065) is a source document that is prepared by a Partnership as part of the filing of...
Form 1099-A, Acquisition or Abandonment of Secured Property When a house is foreclosed upon by the bank, the owners will typically receive Form 1099-A from the lender showing several pieces...
Education Credits and Tuition and Fees Deduction (Form 1098-T) Education tax credits help offset the expenses of higher learning by reducing the tax an individual would owe the IRS...