What are tax forms? (Part 2) | Taxes and tax forms | Financial literacy | Khan Academy
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What are tax forms? (Part 2) | Taxes and tax forms | Financial literacy | Khan Academy
In the U.S., understanding tax forms W2, 1098, and 1099 is essential. The W2 reports an employee's income and withheld taxes. The 1098 details tax-deductible expenses like mortgage interest. The 1099 reports miscellaneous income such as rent or royalties. Proper comprehension and use of these forms help individuals fulfill their tax ...
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