Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...

We compare the two highest-rated tax prep apps we've reviewed on price, usability, tax coverage, help resources, and more to ...

TurboTax offers a Free Edition* that allows you to report W-2 and limited 1099-INT/1099-DIV/1099-OID income. You can’t ...

Internal Revenue Service. "Instructions for Forms 1099-INT and 1099-OID (Revised January 2024)." Internal Revenue Service. "2025 General Instructions for Certain Information Returns," Page 16.

A state-of-the-art design, exceedingly thorough coverage of tax topics, and next-level help content make Intuit TurboTax the personal tax preparation site to beat. FreeTaxUSA is a robust and easy ...

If you received tax-exempt interest, you should get a Form 1099-INT or a Form 1099-OID. You can find your tax-exempt stated interest in box 8 of Form 1099-INT. For a tax-exempt Original Issue ...

your bank will usually send a Form 1099-INT or 1099-OID to you — and to the IRS. That means even if you don't report the interest, the IRS will still have the information. What happens if your ...

H&R Block's friendly interface, extensive coverage of tax issues, and ubiquitous help make it a superb choice for both simple and complex tax returns. A state-of-the-art design, exceedingly ...

Taxes on Treasury Inflation-Protected Securities (TIPS) can be as tricky as solving a Rubik's Cube blindfolded. While TIPS ...