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

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

Confused about your 1099-R and 1099? Learn the key differences between these tax forms and how they impact your taxes.

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 ...

Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your ...

If you are filing or amending returns from past years, you may encounter this form. Form 1099-INT documents interest you earned on savings. For example, if you have a high-yield savings account ...

Do you need to pay taxes on credit card referral bonuses, sign-up bonuses or bank account opening bonuses? Let's find out.

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

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

Citibank will report your interest income on IRS Form 1099-INT for people in the U.S. and on Form 1042-S for those in other countries. Citi advises that you consult with a tax advisor. 2.