What is the purpose of the 1099-int form?

Answer Every January, Americans receive many different types of statements used for income tax preparation. One of these statements is known as the 1099-INT form.FunctionThe purpose of a 1099-INT form is ... Read More »

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What Is the Purpose of a 1099 Form?

The Internal Revenue Service (IRS) is responsible for collecting federal income taxes from individuals and corporations. Individuals and corporations that pay wages, salaries and have other income-... Read More »

What is a 1099-C tax form?

A 1099-C tax form is officially called "1099-C: Cancellation of Debt." When an individual has either settled for less than a debt owed; is unable to pay any of the debt; or the creditor decides to ... Read More »

What is a form 1099-A?

Form 1099-A is a tax document used by the United States' Internal Revenue Service (IRS). Its official title is the Acquisition or Abandonment of Secured Property form. The United States' tax code r... Read More »

What is a form 1099-S?

A form 1099-S is used to document the amount you received from a real estate sale for income tax purposes. The form 1099-S form documents the date of sale, sale price, location, whether the seller ... Read More »