The rules are strict around who is eligible to deduct a home office, and calculating the deductions can be complicated.
Forms 1099 can be wrong. Say you were paid a consulting fee of $30,000, but the 1099 you receive is for ten times that, $300,000? What should you do?
There is some variation to when forms needed to do your taxes will arrive, so it's good to start with contacting the firm ...
Andrews McMeel Syndication on MSN23h
The Discerning Investor: Still Waiting for Your 1099s?
As an example, the website for Fidelity Investments includes a Tax Form Schedule with the "approximate availability of tax forms". Form 1099- R has a Jan. 31, 2025, reporting deadline, while Form 1099 ...