Introduction to taxes and tax forms

Front

A tax is a ____

Back

A charge usually of money imposed by authority on persons or property for public purposes.

Front

Which form is used by individuals to file their annual income tax returns? Options: W-4, W-2, 1099

Back

1040

Front

What is the deadline for all 1099 tax forms to be postmarked?

Back

January 31

Front

Which form is used to document income from the sale of securities?

Back

1099-B

Front

What does Form 1099-C document?

Back

Cancellation of debt

Front

Which form is used to report unemployment compensation? Options: 1099-S, 1099-NEC, 1099-R, 1099-G

Back

1099-G

Front

What type of income does Form 1099-INT document?

Back

Interest income

Front

Which form is used for nonemployee compensation? Options: 1099-NEC, 1099-MISC, 1099-DIV, 1099-K

Back

1099-NEC

Front

What does Form 1099-Q document?

Back

Payments from qualified education programs

Front

Which form documents distributions from a Health Savings Account?

Back

1099-SA