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Anyone who paid a household employee (nanny, housekeeper, gardener, etc.) $2,700 or more in 2024 (threshold adjusts annually) or withheld Social Security/Medicare taxes.
– If you sold stocks, crypto, or a second home, you’ll report the profit (or loss) here. form 1040 schedules exclusive
If you have $2,000 in dividend income and fail to file Schedule B, the IRS may automatically adjust your return, disallow deductions, or audit you. Anyone who paid a household employee (nanny, housekeeper,
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