New IRS Form 3921 For Incentive Stock Options: 3921 Software Makes it Easy to File
An Incentive Stock Option (ISO) is a way for corporations to attract and retain employees by granting the employee the right to purchase a certain number of shares of stock at a pre-established price. The 2006 Tax Relief and Health Care Act (TRHCA) mandated that starting in 2011, a corporation must file an IRS Tax […]
How to complete IRS Form 1098-E
IRS Form 1098-E is used by financial, government or educational institutions to report receipt of student loan interest of $600 or more during the year or one or more qualified student loans. Qualified student loan. A student loan must be either: Subsidized, guaranteed, financed, or otherwise treated as a student loan under a program of the Federal, state, or local government, or of a […]
How to complete IRS Form 1099-C
IRS Form 1099-C is used to report Cancellation of Debt. Lenders use Form 1099-C to report to the borrower and the IRS that a debt of $600 or more has been canceled or forgiven. Form 1099-C is an important form for the debtor. If a creditor has discharged a debt owed by the borrower, then […]
