The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or understanding.

The Internal Revenue Service (IRS) has recently released the updated Schedule 1 tax form and instructions for the years 2023 and 2024.

Yet as those investors discovered at tax time, investing in MLPs usually brings with it the need to deal with Schedule K-1 -- a tax form that is a notorious nightmare for income investors.

Schedule E is a tax form used to report rental property income and expenses. Here’s what you should know.

Schedule K-1 is a tax form prepared by certain entities to report annual income, losses, credits and deductions for each partner, shareholder or beneficiary.

The instructions for completing the Schedule 1 form have also been updated to provide more detailed guidance on reporting cryptocurrency transactions and other types of income and deductions.

The Internal Revenue Service (IRS) has recently released the updated Schedule 1 tax form and instructions for the years 2023 and 2024.

The instructions for completing the Schedule 1 form have also been updated to provide more detailed guidance on reporting cryptocurrency transactions and other types of income and deductions.