Retirement is a journey, and managing its financial aspects shouldn't be a maze. Enter Form 1099-R, a key document that often puzzles many at tax time. This guide is not just about decoding a tax form ...

Many retirees and people who took Covid-related retirement plan distributions might need some extra time to work through their 2020 tax returns. Those who took distributions from traditional IRAs at ...

As you read this in early February, your clients are receiving their annual 1099-R forms that report distributions taken in 2020 from their IRAs and other retirement accounts. Once they look the forms ...

With just two days left until the critical January 31, 2025, deadline, businesses must act quickly to file Forms 1099 and W-2 with the IRS, SSA, and state agencies. Equally important, this date marks ...

Clarifying Form 1099-R would help the Internal Revenue Service identify more taxpayers who are underreporting their retirement income, according to a new report. The report, from the Treasury ...

If some of the stocks you own pay dividends or a mutual fund you invest in paid a capital gains distribution, you’ll receive a 1099-DIV form. A common reason for receiving a 1099-DIV form is because ...

Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these payments are ...

The Tax Court held that a criminally forfeited individual retirement account (IRA) distribution transferred directly to the United States was constructively received by the taxpayer and therefore was ...

If you do not notify your financial institution when you change your address, you could lose track of your accounts. For an IRA, that could result in an unintentional distribution, for which the ...