This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...

A clear breakdown of how IRS Schedule D and Form 8949 work together for crypto gains and losses in 2026, including new Form ...

Question:  Can the IRS really track the millions of Forms 1099, W-2, etc. for every year? I have always been tempted to test the system to see what would happen if I left a few Forms 1099 off my tax ...

Every tax form that arrives in your mailbox or brokerage account inbox between January and mid-February tells the IRS a story about your money. Fidelity Investments just published a detailed breakdown ...

Tax season 2026 has brought millions of crypto investors face-to-face with a new IRS form. And a serious problem is baked into its design. Form 1099-DA, the first federal tax document created ...

Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...

In 2021, Congress enacted the Infrastructure Investment and Jobs Act (IIJA), P.L. 117-58, which requires brokers to report digital asset transactions to the IRS and taxpayers. In enacting the IIJA, ...

ALBANY, N.Y. (NEXSTAR) — It’s halfway through tax season, and a spokesperson from the state’s Department of Taxation and Finance said on Thursday that they’re processing returns and issuing refunds at ...

The Internal Revenue Service and the Treasury Department issued a set of proposed regulations Thursday aimed at making it simpler for digital asset and cryptocurrency brokers to provide the new Form ...

With tax season in full swing, House Democrats are pressing the Office of Personnel Management for answers about reports that federal retirees and annuitants aren’t receiving paper copies of tax ...

Interest from direct U.S. Treasury obligations is generally exempt from state and local income taxes. A significant portion of income distributed by certain U.S. Treasury-focused ETFs may retain this ...

A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...