Tennessee has become the second state to offer portable benefits to 1099 workers, providing access to health insurance and ...

Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

Energy Transfer can help shield energy investors against oil price fluctuations due to its fee-based model, consistent ...

The distinctions between the two versions of the Trump tax bill aren't huge, but they could still make a big difference.

Tim Coleman highlights the factors photography students should consider and picks the best cameras across a range of budgets ...

The 1099-R form is required to reflect the previous year’s benefit payments to retirees. In 2022, RRS issued one-time bonus payments misclassified as “non-taxable” in its payroll system.

What are 1099 forms? A 1099 is a tax form that reports income or transactions you receive outside of regular employment. For example, a W-2 form reports an employee’s income from the previous year and ...

The Federal Retirement Thrift Investment Board will report all TSP distributions and withdrawals to the IRS, to the appropriate state tax agencies if applicable, and to you on IRS Form 1099-R ...

For example, you’ll receive a 1099 reporting withdrawals from 529s and HSAs, but the money may not be taxable if you use it for eligible expenses. On the other hand, you may receive taxable ...

Distributions for qualified medical expenses from Health Savings Accounts (Form 1099-SA) Income from interest, US savings bonds or treasury obligations (Form 1099-INT). Retirement income (Form 1099-R) ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.