Tax forms are rolling in, and the filing season begins at the end of the month. Here's a quick guide of common tax forms for SWers:
📃 1099-NEC: Issued by platforms showing your earnings after any platform fees
📃 1099-K: Shows all payments collected via third-party payment processors (CashApp, Stripe, etc). Required for over $5k, but may get issued for less
📃 W2: for any jobs you had during the year where you were considered an employee
📃 1095-A: You'll get this if you had healthcare from your state marketplace (very important to include this on your taxes)
📃 1099-INT: Reports interest you earned from savings accounts (usually only issued if more than $10)