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3:00
Khan Academy
Sal Khan
What are tax forms? (Part 2)
In the U.S., understanding tax forms W2, 1098, and 1099 is essential. The W2 reports an employee's income and withheld taxes. The 1098 details tax-deductible expenses like mortgage interest. The 1099 reports miscellaneous income such as rent or royalties. Proper comprehension and use of these forms help individuals fulfill their tax ...
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