What Is Form 843 and When Should You Use It?
If you’ve ever dealt with unexpected IRS penalties or interest charges, you may have come across Form 843. While working […]
What Is Form 8863 and How Does It Work?
If you’re covering education expenses, you might be eligible for valuable tax credits that can ease the financial burden. One
Everything You Need to Know About Form 8962 and the Premium Tax Credit
If you received health coverage through the Health Insurance Marketplace, you may be required to file Form 8962 to ensure
Understanding IRS Form 8812: Everything You Need to Know
When it comes to filing taxes, there are many forms that could potentially apply to your situation. One such form
Form 2553: Everything You Need to Know to Elect S-Corp Status
If you’re looking to reduce your self-employment tax liability and simplify your business’s tax structure, Form 2553 might be your
What Is Form 1099-R and How Does It Affect Your Taxes?
If you’ve received distributions from a retirement account, pension, or annuity, you’ll likely receive Form 1099-R from your plan administrator.
Form 1099-G: What It Is and How It Affects Your Taxes
If you’ve received government payments such as unemployment benefits, state tax refunds, or other government-issued funds, you might receive a
Understanding the 1099-SA Form: What You Need to Know
The 1099-SA form is a tax document used to report distributions from Health Savings Accounts (HSA), Archer Medical Savings Accounts
Understanding Form 1099-OID: Original Issue Discount and Tax Reporting
Investors who hold bonds, Treasury obligations, or other debt instruments may encounter Original Issue Discount (OID), a form of interest
What Is a 1099-S Form? A Comprehensive Guide to Tax Reporting
If you’ve sold real estate—whether a home, commercial building, or vacant land—you may receive Form 1099-S from a closing agent,