Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

Here's what you need to know about Form 1040: the mother of all tax forms. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's what to do if you haven't gotten yours yet. Macy Meyer Writer II Macy is a writer on the AI Team. She covers how AI is ...

If you’re preparing your taxes, you'll file federal income tax Form 1040. Because tax laws change often, Form 1040 might have subtle differences from year to year. Form 1040 is the main form that ...

Anyone who runs a business and hires employees takes on new responsibilities for managing their staff. For example, they must run payroll, file payroll taxes and submit several payroll forms, ...

The Bipartisan Budget Act of 2018 introduced a new tax form for seniors effective for 2019 taxes. Known as the 1040-SR, this form is designed to make filing taxes easier for older Americans. “Form ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who ...