Extra Income
Income from side jobs or freelance work should be reported even if you do not receive this.
What is a tax form, such as a Form 1099?
Interest earned from savings accounts and CDs falls into this category.
What is interest income?
This government benefit may be taxable and should be reported.
What is unemployment compensation?
Money received through payment apps may be taxable when related to this type of activity.
What is taxable business activity?
You should tell your preparer if you sold these digital assets.
What are cryptocurrency or digital assets?
Distributions from these retirement accounts must be reported.
What are IRA or retirement distributions?
Income from tenants should be reported as this type of income.
What is rental income?
Tell your preparer if you sold a house or another type of this asset.
What is property?
These winnings from casinos, lotteries, or sports betting must be reported.
What are gambling winnings?