enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Tax experts share the 6 biggest mistakes people make when filing

   www.aol.com/article/finance/2019/03/12/tax...

   “The penalty for missing the filing deadline makes it not just a dumb mistake, but a costly one,” said Nathan Rigney, lead tax research analyst at The Tax Institute at H&R Block. “The ...

3. These are the penalties for filing taxes late - AOL

   www.aol.com/article/finance/2019/02/14/these-are...

   Penalties for filing taxes late are deliberately set high enough to encourage taxpayers to file in a timely manner.

4. Tax tip: Don't file until you get all necessary documents - AOL

   www.aol.com/tax-tip-dont-file-until-110055787.html

   Employers and financial institutions have to send W-2 and 1098-T forms, among others, by Jan. 31, while 1099 forms generally have a deadline of Feb. 18. The Schedule K-1 forms tend to arrive later ...

5. IRS penalties - Wikipedia

   en.wikipedia.org/wiki/IRS_penalties

   If both the failure to file and the failure to pay penalties apply during the same month, then the failure to file penalty is reduced by 0.5% each month. The 25% cap above applies to the 5% late filing penalty and the 0.5% late payment penalty together. The late filing penalty may be waived or abated on showing of reasonable cause for failure.

6. Form 1099 - Wikipedia

   en.wikipedia.org/wiki/Form_1099

   For a variety of reasons some Form 1099 reports may include amounts that are not actually taxable to the payee. A typical example is Form 1099-S for reporting proceeds (not gain) from real estate transactions. The Form 1099-S preparer will report the sales proceeds without regard to the amount of the taxpayer's "basis" in the real estate sold.

7. Form 1099-MISC - Wikipedia

   en.wikipedia.org/wiki/Form_1099-MISC

   In the United States, Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. One notable use of Form 1099-MISC was to report amounts paid by a business (including nonprofits [1]: 1 ) to a non-corporate US resident independent contractor for services (in IRS terminology, such payments are nonemployee compensation), but starting tax year 2020, this use was moved to the ...