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w-2 https://youtu.be/dqeLrB7xbcE?si=dw_MWnTkteIx3cVb6 the document an…
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1099
https://youtu.be/_yHPIvtiKjs?si=Qby4m2jXt2vPkfkQ What Is the 1099 Form Used for? The 1099 form is used to report non-employment income to the Internal Revenue Service (IRS)
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You get me if you are not an employee, but were paid by a company
You probably didn’t get taxes withheld if you got me, so you may have a big tax bill coming up
You can also get me for other types of income, such as gains and losses in brokerage accounts, dividend and interest payments, and more
1040
https://youtu.be/Kv0IH0dN9DU?si=cLcbPK-6_Jsva4Sn Form 1040, formally known as the “U.S. Individual Income Tax Return,” is the form people use to report income to the IRS, claim tax deductions and credits, and calculate their tax refund or tax bill for the year.
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Beware, there is a LOT to fill out
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