The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

How are I bonds taxed? It depends on your situation. Find out how monthly interest is taxed and what to know about reporting ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

Sharing a bank account with a partner or relative can make it easier to manage your money together. But it can also lead to some confusion during tax season. You must report and pay taxes on the ...

As investors increasingly leverage Section 1031 exchanges to defer capital gains taxes, nuanced scenarios involving interest income on exchange proceeds require careful analysis. A critical but often ...