Learn how Form 4797 helps in reporting gains from selling business property, including rental income or industrial use.

The IRS made changes to the 2023 Instructions for Forms 1099-R and 5498 to help clarify how to report disability annuity payments to first responders or other taxpayers on the Form 1099-R. Revenue ...

If you must report distributions from a variety of retirement plans, investments, and accounts, the IRS has given you a bit of a head start. How? The IRS has issued the 2026 instructions for Forms ...

A draft of a new revision of instructions for two federal information returns for reporting non-wage income was released April 21 by the Internal Revenue Service. The draft Instructions for Forms 1099 ...

If you have taken distributions from any tax-deferred retirement account, you know that the distribution is reported on IRS Form 1099-R. A Form 1099-R is not usually issued for money that is added to ...

Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...

With tax season in full swing, House Democrats are pressing the Office of Personnel Management for answers about reports that federal retirees and annuitants aren’t receiving paper copies of tax ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for ...

People who earn income or receive payments through third-party settlement organizations like Cash App, eBay, Etsy, PayPal, and Venmo—for the payment of “goods or services”—may receive Form 1099-K this ...

Did you know you can teach ChatGPT how to respond to certain requests? Not only can you give ChatGPT instructions, but they’ll stick (mostly) for every session. This feature is called Custom ...

Certain payments constituting income require the payor to prepare, furnish, and file certain information statements and returns, both to the payee and to IRS, even when the payor is not the taxpayer ...

In early February, if you received a distribution from your IRA or your workplace retirement plan, or you completed a rollover, you’ll receive Form 1099-R. And if you’ve ever looked at that form and ...