Unemployment Benefits Can Raise Tax Questions—And Attract Scammers
If you lose your job, you may be eligible to collect unemployment benefits. Each state pays its own benefits—those benefits ...
USA Today24d
Tax refunds are flowing, but IRS is seeing fewer early returns filed so far this season
a flood of 1099-K forms, political rancor, some delayed deadlines in states hit by federal disasters, and the calendar itself. The average federal income tax refund was $2,065 during this first ...
Investopedia29d
What Is Form 1099-Q: Payments From Qualified Education Programs?
Form 1099-Q will be issued to the beneficiary student. Any taxable amount of the distribution will be reported on the beneficiary’s income tax return. Distributions used to pay for nonqualified ...
The Boston Globe16d
It’s tax prep time. Here’s what you need to know about filing this year.
We’re well into tax preparation season ... Income from an employer (Form W-2); unemployment compensation (1099-G); Social Security benefits (SSA-1099); interest income (1099-INT), and ...