Wellington Wealth Strategies
Tax Resources
Wellington Tax Resources
While tax planning is often underestimated in the context of financial planning, we firmly believe it plays a crucial role in achieving lasting financial independence.
Tax Calendar
The Deadline to Send W-2 and 1099 Forms for 2023
This is the deadline for employers to send out W-2 forms to employees and 1099 forms to non-employees who provided services for the 2023 tax year.
The W-4 Form Exemption Due for 2023
If you claimed an exemption from income tax withholding on the W-4 form you gave your employer last year, you must file a new W-4 form by this date to maintain your exemption for an additional year.
Individual Income Tax Returns Due for 2023*
2023 individual income tax returns are due, along with any taxes owed.
* The IRS has the authority to adjust Federal tax deadlines, including April 15. Most recently, it exercised that authority in 2019 and 2020 tax years. The IRS can make the change on short notice based on its assessment of financial or economic conditions.
Tax Forms
Search for a form
Schedule A (1040)
Itemized deductions. If you itemize, you can deduct a part of your medical and dental expenses and un-reimbursed employee business expenses and amounts you paid for certain taxes, interest, contributions, and miscellaneous expenses. You can also deduct certain casualty and theft losses.
Schedule D (Form 1040)
Capital gains and losses. Use this form to report the sale or exchange of a capital asset not reported on another form or schedule, gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit, capital gain distributions not reported directly on Form 1040, and non-business bad debts.
W-9
Request for taxpayer identification number and certification. Anyone who is required to file an information return with the IRS must obtain your correct taxpayer identification number (TIN) to report, for example, income paid to you, real estate transactions, mortgage interest you paid, acquisition or abandonment of secured property, cancellation of debt, or contributions you made to an IRA.
This content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation.