Purchasing a house is now the most common reason for receiving a 1099-MISC, according to Pino, since you'll have one-time property tax and mortgage-interest deductions. Form 1099-NEC documents ...

I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.

Even if you meet the income requirements, Free File might not accept the forms you need. There's also not much support to help you maximize your refund or minimize your tax liability. What if I ...

Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English ...

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more. Capital gains. Even the mention of these two words together ...

Tax pros report confusion—and maybe some wishful thinking—among clients about whether they still need to file their 1040s and pay their taxes. Yes, you must file. The IRS is open for business ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

"Always remember that the amount reported on a tax form is not necessarily the full amount that's taxable," Phillips said. If you sold something online, Phillips said, you probably paid something ...

TikTok, Reddit, ChatGPT, Google and more. There's no shortage of tax help at your fingertips nowadays. But does that give you enough confidence to do your own taxes this year? Like almost any tax ...

In 2024 they were billed $649 more in property tax than the average charged to 10 other houses in the city with identical assessments. (Genevieve Flynn Photography) Cathy Foote and her husband ...

Now Big Tech lobby groups say they plan to use trade negotiations to push back strongly against the U.K.’s digital services tax. And campaigners fear U.S. tech firms could seize on the prime ...

If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...