What Is Form 3922? Form 3922 is required for reporting the transfer of stock acquired through an employee stock purchase plan. When You Need Read More » October 6, 2020
What Is Form 3921? Form 3921 – This is a form that companies would file when an employee chooses the incentive stock option (ISO). Read More » September 30, 2020
What Is Form 1042-S? The IRS Form 1042-S deals with a foreign person’s U.S. source of income that is subject to withholdings. Who Should Read More » September 24, 2020
What Is Form 1042? What is Form 1042 – It’s used to report a foreign person’s income if it is sourced in the U.S. Read More » September 22, 2020
What Is Form 1098-T? Form 1098-T is a tuition statement that college students generally get from their colleges around the time taxes are being Read More » September 21, 2020
What Is Form 1098-C? Form 1098-C – When you need to report contributions of airplanes, boats, and motor vehicles, the IRS requires you to Read More » September 21, 2020
1098 Forms What Is Form 1098? Interest from mortgage, qualified student loans, tuition statement, and donating vehicles to charities are all considered reportable transactions by the Read More » September 18, 2020
1099 Forms What Is Form W-2G? Have you ever wondered how the IRS keeps track of gambling wins or payouts from high-stakes poker tournaments, and wants Read More » September 18, 2020
1099 Forms What Is Form 1099-NEC? Understand non-employee compensation reporting, the $600 threshold, and how to stay IRS-compliant when paying contractors. If you are wondering which Read More » September 17, 2020
What Is Form 1097-BTC? Issuers of certain tax credit bonds (or their agents) and recipients of Form 1097-BTC from the bond issuer or agent, Read More » September 16, 2020
What Is Form 1099-OID? The IRS Form 1099-OID, or original issue discount, needs to be filed for multiple different reasons. The form keeps track Read More » September 16, 2020
What Is Form 1099-S? What is Form 1099-S? It is used to report the sale or exchange of real estate transactions to the IRS. Read More » September 16, 2020