Editor’s Note: The 2017 Tax Act suspended all miscellaneous itemized deductions subject to the 2 percent floor for tax years beginning after December 31, 2017 and before December 31, 2025.

Taxable income refers to the portion of an individual's or a business's income that is subject to taxation by the government. It includes various types of earnings, such as wages, salaries, and ...

A 1099 is a tax document reporting nonemployment income to the IRS. There are several types of 1099 forms, depending on the income you receive — but all are designed to report payments you received to ...

Income refers to money, property or services you receive, typically in return for some service rendered or goods sold. Typical sources of income can include your pay as an employee, your earnings as a ...