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Although the standard tax filing date doesn't arrive until at least April 15 every year (April 18 in 2023), as soon as the calendar turns to January, ... 1099-INT: reports any interest income you ...
Tax Day is always April 15 unless that date falls on a weekend or a holiday. ... The standard deduction for 2023 rose to $13,850 for individuals and $27,700 for married ... Form 1099-INT if you ...
The nation’s tax filing season kicked off Monday for 2023 federal tax returns. ... 1099-INT for interest income. 1099-R for retirement distributions. ... at any time during the calendar year, ...
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Form 1099 is also used to report interest (1099-INT), dividends (1099-DIV), sales proceeds (1099-B) and some kinds of miscellaneous income (1099-MISC). Blank 1099 forms and the related instructions can be downloaded from the IRS website. The following table provides information for each variant.
These are only a few of the federal forms.States have many equivalent forms and reporting requirements. Taken together, these tax information reporting forms touch hundreds of millions of individuals and businesses, and require a large time commitment on the part of businesses, nonprofit organizations, and educational institutions to administer, prepare and file.
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