Taxes

Federal Taxes

What are some important IRS forms that I should know when I am managing the tax implications of my investments?

Some important forms you should know regarding managing the tax responsibilities of your investments include: 1040 U.S. Individual Income Tax Return; 1040A U.S. Individual Income Tax Return; 1040EZ Income Tax Return for Single and Joint Filers with No Dependents; Schedule B—Interest and Ordinary Dividends; Schedule D—Capital Gains and Losses; 1099—General Instructions for Certain Information Returns; 2439—Notice to Shareholder of Undistributed Long-Term Capital Gains; 3115—Application for Change in Accounting Method; 6251—Alternative Minimum Tax—Individuals;8582—Passive Activity Loss Limitations;8615—Tax for Certain Children Who Have Unearned Income; 8814—Parents’ Election to Report Child’s Interest and Dividends; 8815—Exclusion of Interest from Series EE and I U.S. Savings Bonds Issued After 1989; 8818—Optional Form To Record Redemption of Series EE and I U.S. Savings Bonds Issued After 1989; and 8949—Sales and Other Dispositions of Capital Assets.



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