Key Takeaways - What Is a 1040 Tax Form and How Does It Work? The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or ...

What Is Form 1098: Mortgage Interest Statement? Form 1098 is a tax document that homeowners will receive if they pay $600 or more in mortgage interest over the course of a year. Your mortgage ...

This form, which some taxpayers may never have encountered before, is crucial and should not be ignored. Understanding the implications of receiving a 1099-K is vital, as it could impact your tax ...

Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must ...

Investopedia / Michela Buttignol Form W-2G is issued by gambling facilities to document certain taxable winnings. They must provide copies to the winner and the IRS. What Is Form W-2G: Certain ...

Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who owe a penalty related to their use of a tax-advantaged retirement savings plan such as an IRA or 401(k) ...

Form 2441 is used for claiming child and dependent care expenses Investopedia / Zoe Hansen IRS Form 2441 calculates the amount of the Child and Dependent Care tax credit an eligible family can ...

Need more time to file taxes? Fill out IRS extension Form 4868 mapodile / Getty Images Taxpayers unable to file their federal income tax return by the filing deadline can apply for an extension ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Form 4797: Sales of Business Property is a tax form distributed by the Internal Revenue Service (IRS). It is used to report gains made from the sale or exchange of business property, including ...

A 1099 form is a record that an entity or person (not your employer) gave or paid you money. One copy goes to you and another copy goes to the IRS. Many, or all, of the products featured on this ...