When you take money from your 401(k) through a withdrawal, rollover or loan default, the IRS requires specific reporting on ...

IRS reporting focus: Form 1099-R remains central for withdrawals, rollovers, and loan defaults, with distribution codes guiding how transactions are taxed. Major 2026 updates: Higher limits, expanded ...

Why timing matters: Indirect rollovers have a strict 60-day deadline, and missing it can trigger taxes and penalties. Forms you’ll need: Form 1099-R reports distributions, while Form 5498 confirms IRA ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. Have you considered using a QCD vs RMD for charitable giving, reducing your tax burden and ...

If you got a brokerage 1099 this year, go and check Box 2a yourself. You might be surprised by what you find there.

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock ...

Millions of workers saw bigger refunds or smaller tax bills after claiming a new overtime deduction. But some ask why so many claimed the tax break.

The final regulations list more than 70 separate occupations of tipped workers, from bartenders to clowns to golf caddies.

Taxing authorities’ use of these new tools and capabilities requires corresponding adoption by tax professionals.

Plus: Best places to retire, fraud keeps growing, more on 1031 exchanges, the childcare crisis, Revenue Rulings and other IRS ...

May 10, 2026: Two new Type Soul codes just landed. Another is due today or tomorrow for the soulbeats update. What are the new Type Soul codes? Death does not mean the end in this anime-inspired game, ...