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  2. TaxAct vs. TurboTax: Which Is the Best Tax Software? - AOL

    www.aol.com/taxact-vs-turbotax-best-tax...

    1099-INT/1099-DIV/1099-OID forms that don’t require filing a Schedule B and stick only to interest, dividends and original discounts. Retirement plan distributions Student loan interest deductions

  3. TaxAct vs. TurboTax: Which Is the Best Tax Software? - AOL

    www.aol.com/taxact-vs-turbotax-best-tax...

    In addition to the income TaxAct Free supports, TurboTax lets you report interest and dividend income from forms 1099-INT and 1099-DIV. Expenses allowed using the free version include child and ...

  4. Form 1099 - Wikipedia

    en.wikipedia.org/wiki/Form_1099

    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.

  5. Tax returns in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    Other popular tax software includes: TaxACT at 7%, Tax Hawk (including FreeTaxUSA) at 5.9%, Credit Karma's free tax software (now owned by Intuit/TurboTax) at 1.7%, and TaxSlayer at 1.5%. [ 6 ] In some countries, the tax agency provides a prefilled return to streamline the process, but the United States has failed to adopt these technologies as ...

  6. How is interest income taxed? - AOL

    www.aol.com/finance/interest-income-taxed...

    Even if your financial institution doesn’t send you a 1099-INT form because you earn less than $10 worth of interest, you’ll have to report that income because it’s still taxable.

  7. Form 1042 - Wikipedia

    en.wikipedia.org/wiki/Form_1042

    Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. As a general rule, if the person receiving the withholdable payment is a nonresident alien, Forms 1099 and 1099-MISC should not be used, and instead Form 1042-S should be used. [8] One use of Form 1099 is for reporting gross rent on property.

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