In general, self-employed people can deduct 100% of their health insurance premiums as adjustments to their gross income, ...

Different 1099 forms apply to crypto depending on the nature of the transaction, including 1099-MISC, 1099-B, and soon, 1099-DA for digital assets. Current 1099 forms often lack complete data fields, ...

Compensation paid to contractors and vendors used to be reported on Form 1099-MISC. Then in 2020, the IRS introduced Form 1099-NEC (non-employee compensation). You’ll issue Form 1099-NEC if you ...

How and when you own an investment that pays dividends can dramatically change the tax rate you pay. Many, or all, of the products featured on this page are from our advertising partners who ...