For taxes in the United States, there is no Form 1090, according to the Internal Revenue Service. The federal income tax forms are 1040, 1040-A and 1040-EZ. Other forms for reporting non-wage income or expense include 1095, 1098 and 1099. The Canada Revenue Agency has a Form T1090, which is filed at the death of a RRIF annuitant, notes its official website.Know More
Form 1095, in A, B and C versions, is issued to taxpayers to show health insurance information. This form is first used on 2014 tax returns. Form 1098 is issued to report possible deductions: mortgage interest paid (no letter), the charitable contribution of a boat, plane or car (1098-C), student loan interest paid (1098-E) or tuition paid or billed (1098-T), according to the IRS.
The IRS website shows that Form 1099 reports a wide variety of income and some deductions: abandonment of secured property (1099-A), proceeds from broker transactions that are usually stock sold (1099-B), cancellation of debt (1099-C), dividends paid to shareholders (1099-DIV), government payments including state income tax refunds and unemployment (1099-G), Health Coverage Tax Credit advance payments (1099-H), interest paid to account holders (1099-INT), credit card transactions for businesses (1099-K), long-term care premiums paid (1099-LTC), original issue discount on bonds (1099-OID), taxable distributions from cooperatives (1099-PATR), distributions from qualified education accounts (1099-Q), distributions from retirement accounts (1099-R), sale of real estate (1099-S) and distributions from a health savings account (1099-SA).
The 1099-MISC is a catch-all form, issued to report rental income; royalties; fishing boat income; medical and health care payments to physicians; non-employee compensation; direct sales; crop insurance proceeds; payments to an attorney; excess golden parachute payments; and just in case something did not fit anywhere else, other income, notes the IRS.Learn more about Taxes
The Internal Revenue Service (IRS) Form 147c is not a form that taxpayers have to file. Rather, it is a form or letter the IRS supplies to taxpayers upon request. Form 147c confirms a business owner's taxpayer identification number (TIN) or employer identification number (EIN) with the business name.Full Answer >
IRS Form 1099-R is a tax form issued when money is withdrawn from a qualified retirement plan such as a pension, annuity, IRA or profit-sharing plan. The reported withdrawal amount is included as taxable income unless the money is rolled over to another qualified retirement plan.Full Answer >
Quarterly taxes are payable on April 15, June 15, September 15 and January 15 of the following tax year, notes the Internal Revenue Service (IRS). If a taxpayer fails to pay the proper amount of estimated tax by the end of each pay period, a penalty fee can be charged.Full Answer >
A taxpayer who claims exempt on a W-4 form turned into an employer has Social Security and Medicare taxes taken out of a regular paycheck, according to the Internal Revenue Service. As of 2014, the Social Security tax rate is 6.2 percent and Medicare tax rate is 1.45 percent.Full Answer >