:max_bytes(150000):strip_icc()/Form-1099-INT-f66ad58588f44ad6a46c69545056753a.jpg)
There are 10 things you should know about 1099s and how they can impact how much tax you might owe. Not all 1099s are the same but they all represent some type of income.| Investopedia
:max_bytes(150000):strip_icc()/GettyImages-918315214-d2ced2bbb03c48b1b05e52445005d2ad.jpg)
Medical expenses are any costs incurred in the prevention or treatment of injury or disease. These expenses can be deducted from taxes.| Investopedia
:max_bytes(150000):strip_icc()/ItemizedDeduction-8e6b2aadaf8a4679b8371b744e3dfb85.jpg)
Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.| Investopedia
:max_bytes(150000):strip_icc()/Term-Definitions_Income-tax-blue-9a708041207743b5a57cfdae08df2b10.jpg)
Income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction.| Investopedia