Confused about a specific term or acronym? Solve the mysteries of terminology with this informative resource. Updated regularly with industry-specific vocabulary and concepts, the Glossary provides easy-to-understand definitions of tax-related terms.
1096 Form 1096 is filed by individuals who withdraw all available retirement funds from their retirement plan.
1099 An annual statement showing non-wage compensation that must be reported to the federal government on an individual's personal return. Form 1099 can be issued to employees or non-employees of a company.
1099-R An annual statement of disbursements and applicable taxes from any retirement plan (such as IRA accounts).