Tax Forms

1040

Filled out every April

Regular tax form

Anyone can use it

Don’t use this if you have exceptions (write offs)

W-2

Mailed in January, must be mailed to you by January 31st

One per job (shows wages, withholdings, etc.)

W-4

Form filled out when you get a job (upon employment)

List of family information - allows the job to know how much to withhold in taxes (taken out of each paycheck)

1099

Other types of income such as gains/losses in brokerage accounts, dividends and interest payments and more

Shows how much you were paid by a company you did NOT work for

If you get this because of your business, you will likely owe a lot of money

I9

Form you fill out when hired

Proves you can legally work in the U.S.