The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year. Some ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Depending on the type of savings bond you have, there are different ways to cash in. Find out how to cash in savings bonds ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

It's never on anyone's to-do list to carefully look at all the statements they're receiving. Most tax filers either hand those documents over to a professional or, if they are do-it-yourselfers, ...

By the time you start getting statements in the mail, it’s too late to make changes for most of the things on the tax return you’re about to file. The exceptions are making a traditional IRA or Roth ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The IRS' free online program Direct File is now open for business and accepting tax returns. Here's what to know.

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

If you're getting ready to file your 2024 taxes, having some helpful tips can make the process smoother. Tax season is around the corner and taxpayers can submit their returns starting Jan. 27. Most ...

Available as: A savings account or investment account. Not available as a self-directed account through BMO InvestorLine or as a robo account through SmartFolio. Available as: A savings account or ...

your bank or financial institution will send you a Form 1099 to file with your annual tax return. How do banks make money on a high-yield savings account? Banks charge higher interest rates on ...