IRS Form 1099-PATR Explained: Cooperative Distributions, Patronage Dividends, and Tax Reporting for Farmers and Small Businesses
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services Did you receive IRS Form 1099-PATR from an agricultural cooperative,…
IRS Form 1099-S Explained: Real Estate Sales, Closing Statements, Capital Gains, and Tax Reporting Requirements
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services Did you sell a house, rental property, vacant land, or…
IRS Form 1099-C Explained: Cancellation of Debt, Forgiven Credit Card Balances, and When Canceled Debt Is Taxable
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services Did a credit card company forgive part of your balance?…
IRS Form 1099-Q Explained: 529 Plan Distributions, Education Savings Accounts, and Tax Rules for Families
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services Did you withdraw money from a 529 college savings plan…
IRS Form 1099-SA Explained: HSA Distributions, Medical Savings Accounts, and What You Need to Know at Tax Time
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services Did you receive IRS Form 1099-SA and wonder whether the…
IRS Form 1099-B Explained: How to Report Stock Sales, Investment Transactions, Capital Gains, and Capital Losses
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services Did you sell stocks, bonds, mutual funds, or other investments…
IRS Form 1099-K Explained: Payment Apps, Online Marketplaces, Side Hustles, and What Counts as Taxable Income
By AIM Financial | Grand Rapids, Michigan Tax Preparation Services If you receive money through PayPal, Venmo, Cash App, or…
IRS Form 1099-G Explained: How to Report State Tax Refunds, Unemployment Compensation, and Government Payments
What Is IRS Form 1099-G? If you received unemployment benefits, a state income tax refund, or certain government payments, you…
IRS Form 1098-C Explained: Tax Rules for Donating a Car, Boat, or Airplane to Charity
What Is IRS Form 1098-C? Donating a vehicle to charity can be a generous way to support an organization while…
IRS Form 1098-E Explained: Student Loan Interest Deduction and What Borrowers Need to Know
Continuing the AIM Financial IRS tax form series, the next blog covers IRS Form 1098-E, which helps student loan borrowers…
