Kentuckians who received unemployment benefits in 2020, including more than 600,000 people who filed claims since the start of the COVID-19 pandemic, will need to report their benefits this tax season ...
GREENSBORO, N.C. — 2020 had a lot of ups and downs. If you were: furloughed, laid off had lessened hours and you applied for and received unemployment benefits then you're going to need to make sure ...
Dear John: I’ve driven for Uber the last few years, and in the past, when it gave me my 1099 tax form, my “gross earned income” was the exact amount that was deposited into my checking account over ...
Raise your hand if you're anything like me and tax time kind of overwhelms you. Everyone? OK, great. Since we're all in this together, let's talk about one of the questions that defines tax time for ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Confused? Suffice it to say that because of the key role Higgs ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. It is true that over time, these forms have continued to ...
BRIAN ROCHE TELLS US WHY IT’S IMPORTANT. BRIAN: THE TAX FORM IS CALLED THE 1099-G. AND IF YOU RECEIVED ONE AND YOU DID NOT FILE FOR OR RECEIVE UNEMPLOYMENT BENEFITS IN 2020, YOU’VE GOT A PROBLEM. YOU ...
This is W-2 and 1099 season when companies send you tax statements for what you earned last year. But check those statements carefully. Some people are receiving 1099 forms saying they earned ...
Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at least ...
Drone strikes are controversial these days and are a serious subject. Taxes may not be life threatening but they are serious too. After the recent spate of tax increases and at this tax-centric time ...
You finally did it. You filed your taxes and now need only await your return, to be spent on a new TV or stocked away in an IRA or whatever you want — it’s your money again, and not Uncle Sam’s.
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