Taxes

U.S. citizens, resident aliens, or nonresident aliens who receive income must file a federal income tax return.
According to the IRS, this depends on several factors:

Total amount of income received during the year.

Marital status and age.

Credits and deductions.

Active or retired worker.

What documents are needed to file taxes? Among the most common are:
1. Form W-2 if you are an employee
2. Form 1099 – NEC if you are a self-employed person (contractor)
3. Form 1099-K This form is received by people who work for Uber, Lift or online platforms.
4. Form 1099-DIV or 1099-INT if you receive dividends or interest earned on investments.
5. Form 1098 if you own a home and pay interest on your home loan.