IRS Form 1099-OID walkthrough (Original Issue Discount)

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  • เผยแพร่เมื่อ 4 ธ.ค. 2023
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    Please feel free to check out our article, where we've written step by step instructions to help you walk through this tax form! www.teachmepersonalfinance.co...
    If you’re looking for tutorials for other IRS Forms that you can file directly through the IRS website, check out our free fillable forms page: www.teachmepersonalfinance.co...
    Here are links to articles we've written about other tax forms mentioned in this video:
    IRS Form 8822, Change of Address
    Article: www.teachmepersonalfinance.co...
    Video: • IRS Form 8822 walkthro...
    IRS Form 8822-B, Change of Business Address or Responsible Party
    Article: www.teachmepersonalfinance.co...
    Video: • IRS Form 8822-B walkth...
    IRS Schedule B, Interest and Ordinary Dividends
    Article: www.teachmepersonalfinance.co...
    Video: • IRS Schedule B Walkthr...
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ความคิดเห็น • 7

  • @user-xk2eb5jf5k
    @user-xk2eb5jf5k 7 หลายเดือนก่อน +1

    I want to fill my 1099 but i don't know which one to fill any ideas on which one i need to fill

    • @teachmepersonalfinance2169
      @teachmepersonalfinance2169  7 หลายเดือนก่อน +1

      Most individuals shouldn't have to fill out a Form 1099, unless you hired someone and have to complete a Form 1099-NEC (non employee compensation form).
      But for most people, you should expect to receive a Form 1099 from the sources of each type of income by January 31 of the following year. For example, if you earned interest on a CD that you owned at a bank, you'd receive a Form 1099-INT. If you pulled out money from a College 529 plan or Coverdell ESA, you'd receive a Form 1099-Q, etc.
      Here are articles and videos about some of the more common 1099 forms that you can expect to see. I'm also writing my article on Form 1099-NEC today, so you should see the article and video up this afternoon.
      IRS Form 1099-R, Distributions from Pensions, Retirement Plans, etc
      Article: www.teachmepersonalfinance.com/irs-form-1099-r-instructions/
      Video: th-cam.com/video/xyIt6e33sso/w-d-xo.html
      IRS Form 1099-DIV, Dividends and Distributions
      Article: www.teachmepersonalfinance.com/irs-form-1099-div-instructions/
      Video: th-cam.com/video/erjDQs338DA/w-d-xo.html
      IRS Form 1099-INT, Interest Income
      Article: www.teachmepersonalfinance.com/irs-form-1099-int-instructions/
      Video: th-cam.com/video/WBnysIIwrl0/w-d-xo.html
      IRS Form 1099-Q, Payments from a Qualified Education Program
      Article: www.teachmepersonalfinance.com/irs-form-1099-q-instructions/
      Video: th-cam.com/video/wW5_IloVi6s/w-d-xo.html

  • @benjaminmelton3363
    @benjaminmelton3363 หลายเดือนก่อน

    All good

  • @billionairesam4612
    @billionairesam4612 16 วันที่ผ่านมา

    Do need to put the dashes in your social security number?

  • @mervincarey5771
    @mervincarey5771 3 หลายเดือนก่อน

    Can you explain the red form as well please

    • @teachmepersonalfinance2169
      @teachmepersonalfinance2169  3 หลายเดือนก่อน +1

      The red version is identical to the issue you would receive, except that it is sent to the IRS.