Back to Tax Essentials
Lesson 13 6 minute lesson Interactive
Reading Common Tax Forms
Recognize the purpose of wage, contractor, and interest forms before entering information on a return.
Your progress0%
Lesson goal
Match common income forms with the type of money they usually report.
Three ideas to keep
1
A W-2 generally reports employee wages
2
A 1099 may report nonemployee or other income
3
Names and identification details should be checked
Try it
Make the call
You worked as an employee and also earned bank interest. What should you expect to gather?
Knowledge check
Lock it in
What should you do if a tax form has an incorrect name or amount?
Finish both activities