Which of the following forms is used to notify you of the taxable interest you have earned in a given year from a checking or savings account?
A)1099 Form
B)W-2 Form
C)1040 Form
D)W-4 Form

Question

Quizplus · Accepted Answer

The 1099 Form is used to report various types of income, including taxable interest earned in a given year from a checking or savings account. The W-2 Form is used to report wages and salaries earned from an employer, the 1040 Form is used to file individual income tax returns, and the W-4 Form is used by employees to indicate their tax withholding preferences to their employer.

Which of the Following Forms Is Used to Notify You